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Updated on: 09 Jul 2011, 10:00
Originally posted by agdimple333 on 07 Jul 2011, 13:39.
Last edited by agdimple333 on 09 Jul 2011, 10:00, edited 1 time in total.
Last edited by agdimple333 on 09 Jul 2011, 10:00, edited 1 time in total.
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During the Great Depression, Roosevelt’s New Deal expanded federal authority by creating several new government agencies designed to provide and administer relief to the country, which had been devastated by the 1929 stock market crash. Many agencies created under the New Deal were discontinued in subsequent decades, however, when policymakers grew uncomfortable with the amount of power wielded by the federal government. Additionally, a large number of economists at the time felt the market had recovered to the point that federal regulation had become more a hindrance to than a provider of economic stability.
The economists’ support of the discontinuation of New Deal programs rests on which of the following assumptions about the role of the federal government in the market?
A) Interference by federal government in the market can never create economic stability.
B) Federal regulation of the market is an emergency measure and, as such, should be temporary.
C) Agencies created under the New Deal routinely exercised control beyond what was stated in their charters.
D) Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E) New Deal programs designed to provide economic relief actually perpetuated market instability.
The economists’ support of the discontinuation of New Deal programs rests on which of the following assumptions about the role of the federal government in the market?
A) Interference by federal government in the market can never create economic stability.
B) Federal regulation of the market is an emergency measure and, as such, should be temporary.
C) Agencies created under the New Deal routinely exercised control beyond what was stated in their charters.
D) Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E) New Deal programs designed to provide economic relief actually perpetuated market instability.
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Archit143
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23 Apr 2013, 22:34
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Good question....
But I managed to eliminate all but A, B and E.
Now When Negated A, I found it did not help to destroy or affect the conclusion in a negative manner.Actually, Interfernce or It was federal govt that created the economic stability...so option A bit strengthens the conclusion.
And E...When negated New deal did not affect the market...in noway affecting the conclusion. Conclusion is about fed govt....and market...so we can eliminate.
But B when negated....does not allows the conclusion to stand on its own....
"Federal regulation is not an emergency measure....and should not be temporary" Actually makes the conclusion unable to stand on its own as it says"Fed regulation had become hindrance fr economic stability"
Consider Kudos If my post helps!!!
Archit
But I managed to eliminate all but A, B and E.
Now When Negated A, I found it did not help to destroy or affect the conclusion in a negative manner.Actually, Interfernce or It was federal govt that created the economic stability...so option A bit strengthens the conclusion.
And E...When negated New deal did not affect the market...in noway affecting the conclusion. Conclusion is about fed govt....and market...so we can eliminate.
But B when negated....does not allows the conclusion to stand on its own....
"Federal regulation is not an emergency measure....and should not be temporary" Actually makes the conclusion unable to stand on its own as it says"Fed regulation had become hindrance fr economic stability"
Consider Kudos If my post helps!!!
Archit
06 Dec 2025, 22:28
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