Question
(ssush 18a) Relief Reform, or Recovery The government created an agency to regulate the Stock Market to assure that another crash would not happen. C Reform Recovery Relief
Answer
4.4
(394 Votes)
Mohammed
Master · Tutor for 5 years
Answer
Reform
Explanation
The task is to categorize a New Deal measure implemented by the U.S. government under President Franklin D. Roosevelt during the Great Depression, specifically an agency created to regulate the Stock Market. The purpose of such measures was primarily to prevent future economic downturns like the stock market crash of 1929.Under the New Deal, government actions were often categorized into three main goals: Relief, Reform, and Recovery:- **Relief** aimed to provide immediate aid to those in dire need.- **Recovery** focused on measures designed to restore the economy to normal health.- **Reform** involved long-term changes to prevent future economic crises.Given that the goal of regulating the Stock Market is to prevent another crash, it falls under the category of **Reform**. Reform measures were designed to change the financial and banking systems to prevent future economic collapses.