How did the u.s government's role in the economy change as result of the great depression?

Question

A.The federal government had a diminished role in regulating economic activity B.The federal government maintained the role it had in economic matters before the great depression C.The federal government expanded its role in regulating economic activity and promoting economic growth D.The federal government transferred its role in economic affairs over to the state governments

Answer 1

The answer is "C"

When FDR was elected after Hoover (lame duck president) he shut down the banks for a "bank holiday" and started dramatic changes within the first 100 days of office.

He founded the FDIC (which insures YOUR money for up to $100,000 dollars), the SOCIAL SECURITY ADMINISTRATION, the SEC (to monitor the stock market), and he started the CCC (leaf raking jobs that helped people who didn't have a job who needed one immediately). FDR also raised standards in the workplace as well.

Answer 2

c