Question

Which below is the BEST example of how REFORMS were put into place to prevent another Great Depression? (A

Reform is law put in place to make change not the same as relief)
a. The Federal Deposit Insurance Corporation provides deposit insurance to prevent banks runs
b. The Social Security Act provides economic assistance to the elderly, unemployed, and people with disabilities
C. The Tennessee Valley Authority brought electricity to an impoverished, rural area
d. The Hoover Dam was built

Answer 1

The Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to prevent bank runs, making it the best example of a reform put in place to prevent another Great Depression. Therefore, the correct option is A.

Step-by-step explanation:

The BEST example of how reforms were put into place to prevent another Great Depression is a:

a. The Federal Deposit Insurance Corporation provides deposit insurance to prevent bank runs

The FDIC was created in 1933 as part of President Franklin D. Roosevelt's New Deal reforms. It guarantees individual bank deposits, providing confidence to depositors and preventing bank runs. This measure was aimed at stabilizing the banking system and preventing a repeat of the financial crisis that led to the Great Depression.