In response to the economic turmoil of the Great Depression,the government deregulated most business activity.

Question

Quizplus · Accepted Answer

The statement is false. In response to the economic turmoil of the Great Depression, the government actually increased regulations on business activity through various laws and agencies such as the Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corporation (FDIC), and the National Recovery Administration (NRA).

In Response to the Economic Turmoil of the Great Depression,the