Question

Which example shows the REFORM component of FDR’s New Deal?

(a) the Securities and Exchange Commission(SEC)—to prevent another stock market crash by more government control/regulation in stock transactions.


(b) Public Works Administration(PWA)—created jobs for projects like building roads, bridges, and dams


(c) the Federal Deposit Insurance Corporation(FDIC)—regain public confidence in bank by insuring individual bank accounts up to $5000.


(d) all of these

Answer 1

Public Works Administration(PWA)—created jobs for projects like building roads, bridges, and dams

Answer 2

First of all, New Deal was a series of public programs in response to Great Depression. Programs was meant for the elderly, unemployed and young people. President Roosevelt initiated Works Progress Administration which was the most largest and ambitious program in the New Deal, when millions of people employed to carry out public projects, such as construction of roads and buildings. Indeed, the correct answer is B).