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Which option best completes in the diagram the Great Depression the New Deal the Social Security Administration?

Answer Expert Verified Option D is most appropriate. We see one of the major effect of The Great Depression was widespread unemployment.

What was done to help the Great Depression?

The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939.

What is the most likely explanation for the increase in federal government spending indicated by this graph?

What is the most likely explanation for the increase in federal government spending indicated by this graph? New Deal. Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously.

Are federal purchases higher today as a percentage of GDP than they were in 1960?

In 1960, the federal government accounted for the majority share of total purchases. Since then, however, federal purchases have fallen by almost half relative to GDP, while state and local purchases relative to GDP have risen.

When the federal government receives more money in taxes than it spends in a year it runs a?

budget deficit

What was the federal budget in 1950?


What was the federal budget in 1900?

United States Federal Budget Summary of Receipts, Outlays, and Surpluses or Deficits (-) 1789-2019
Year (Million current USD)
1850-1900 ⁵ 14,462 15,453
1901 588 525
1902 562 485

What was the US deficit in 1950?


What will the US debt be in 2021?

Federal debt, which recently surpassed 100% of GDP, will approach 109% of GDP in FY 2021, assuming the US Treasury finances part of the upcoming spending from its unusually large cash balance, while general government debt will reach 127% of GDP in 2021, before surpassing 130% by 2023.

In which decade did the United States see the largest increase in government spending?

Spending by state and local government increased from about 10% of GDP in the early 1960s to 14–16% by the mid-1970s. It has remained at roughly that level since.

What top three countries own the most debt?


Rank Country/Region % of GDP
1 United States 102
2 United Kingdom 345
3 France 230
4 Germany 165

Is quantitative easing printing money?

Sometimes, when needed we also need to create extra money to help the economy. It doesn’t involve printing more banknotes, instead we create new money digitally. This process is called quantitative easing. We use this new money to buy bonds from the private sector.