What Impact Did the Great Depression of the 1930s Have

question 27

Multiple Choice

What impact did the Great Depression of the 1930s have on federalism in the United States?

• A)It marked the end of the era of cooperative federalism.
• B)It marked the beginning of the era of dual federalism.
• C)It stimulated programs that expanded the power of state governments.
• D)It stimulated national programs that expanded the powers of the federal government.

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Definitions:

Hedge Strategy

Investment strategies designed to reduce the potential for loss in an investment portfolio by making counterbalancing investments or using financial instruments like options and futures.

Short Corn Futures

A financial contract obligating the seller to deliver corn at a future date, typically used to hedge or speculate on falling corn prices.

Shorting Index Futures

The practice of selling index futures contracts with the expectation that the underlying index will decline in value, aiming to profit from the decrease.

Spot Market

A market in which commodities, securities, or currencies are traded for immediate delivery and payment.