The Democratic Party Platform on Which Franklin Roosevelt Campaigned for the Presidency

question 9

Multiple Choice

The Democratic party platform on which Franklin Roosevelt campaigned for the presidency in 1932 called for

• A) extensive social reforms and a balanced budget.
• B) deficit spending and a higher military budget.
• C) higher tariffs and support for American manufacturers.
• D) nationalization of key industries.
• E) breaking up monopolistic corporations and supporting small business.

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Definitions:

3-day SMA

A short-term moving average that calculates the average of a security's prices over the last three days.

Stock Prices

The cost of purchasing a share of equity in a company, which fluctuates based on market conditions.

Shares Outstanding

The total number of a company's shares that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

2-for-1 Split

A stock split in which a company divides its existing stock into two shares, effectively halving the price of each share while doubling the number of shares owned by shareholders.