The major outcome of the New Deal was that bank deposits were insured by the federal government. The Option A is correct.
During the Great Depression in the United States, the New Deal was the series of programs and policies implemented by President Franklin D. Roosevelt to address the economic challenges facing the nation.
One significant outcome of the New Deal was the establishment of the Federal Deposit Insurance Corporation (FDIC) in 1933. The FDIC was created to restore confidence in the banking system which had experienced a wave of bank failures by insuring bank deposits.
This meant that if a bank were to fail, depositors would be protected up to a certain limit, typically $2,500 at the time (now significantly higher) and ensures the safety of their savings. This measure provided stability to the financial system, encouraged people to keep their money in banks and helped prevent future bank runs.
The complete question is:
Which statement describes a major outcome of the New Deal?
A. Bank deposits were insured by the federal government
B. New Deal policies brought an immediate end to the Great Depression. C. New Deal programs to create jobs eased unemployment during the Great Depression. D. The great cost of New Deal programs made the Great Depression worse.