Which of the following is true of fiscal policy before the Great Depression of the 1930s?
A)Fiscal policy was made at the federal level.
B)Policies associated with national defense were made at the state level.
C)Foreign policy was made at the State level.
D)The federal budget was determined mostly by economists and not by politicians.
E)National defense and foreign trade were the focus areas of the federal government while other areas of government policy were dealt by the individual states.

Question

Quizplus · Accepted Answer

Before the Great Depression, national defense and foreign trade were the focus areas of the federal government, while other areas of government policy were dealt with by the individual states. Fiscal policy was not yet a major area of concern or focus for the federal government. Policies associated with national defense and foreign trade were made at the federal level, while other policies were relegated to the states.

Which of the Following Is True of Fiscal Policy Before