Which of the Following May Be Considered a Failure of the New

question 27

Multiple Choice

Which of the following may be considered a failure of the New Deal?

• A) It failed to end extensive government corruption.
• B) It was unable to end unemployment.
• C) It relied excessively on deficit spending.
• D) It overcentralized power in the hands of the president.

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Definitions:

Legal Mortgage

A first mortgage of real property whereby the owner of land in fee simple transfers the title of the property pledged as security to the creditor on the condition that the title will be reconveyed when the debt is paid.

First Mortgage

A primary mortgage on a property that has precedence over all other mortgages or liens.

Charge

A secured claim (similar to a mortgage) registered against real property under the Land Titles System.

Land Titles System

A provincial government-operated system for the registration of interests in land where the government confirms and warrants the particular interests in land.