The Group of Government Programs Put in Place by Franklin

question 41

Multiple Choice

The group of government programs put in place by Franklin Roosevelt in response to the Great Depression was known as the:

• A) Great Society.
• B) New Deal.
• C) Fair Deal.
• D) Progressive movement.
• E) Pendleton Act.

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Definitions:

Debt Investments

Investments in bonds or other debt securities where the investor lends money to an entity in exchange for interest payments and the return of principal.

Accrued Annual Interest

Interest that has been incurred but not yet paid over a year, representing a liability for the borrower.

Sold Bonds

The action of issuing bonds to investors, raising capital by incurring long-term debt.

Long-Term Investment

A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate, and cash, held for more than one year.