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memorize.ai (lvl 286)

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Section 1

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trickle down theory

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6 years ago

Date created

Mar 1, 2020

Cards (9)

Section 1

(9 cards)

trickle down theory

Front

an economic policy in which the government attempts to indirectly aid the needy by promoting economic growth at the business level in the hope that it will influence prosperity at all levels

Back

AAA (Agricultural Adjustment Act)

Front

regulated farm production, helped to raise farm income

Back

TVA (Tennessee Valley Authority)

Front

gave jobs rebuilding the Tennessee Valley; brought flood relief and hydroelectric power to the area

Back

CCC (Civilian Conservation Corps)

Front

relief that provided work for young men 18-25 years old in food control, planting, flood work, etc.

Back

boust

Front

banks,overproduction,underconsumption,stockmarket,tariffs

Back

Glass-Steagall Act

Front

(Banking Act of 1933) - Established the Federal Deposit Insurance Corporation and included banking reforms, some designed to control speculation. Repealed in 1999, opening the door to scandals involving banks and stock investment companies.

Back

Securities and Exchange Commission (SEC)

Front

1934 - Created to supervise stock exchanges and to punish fraud in securities trading.

Back

Social Security Act

Front

guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health

Back

FDIC (Federal Deposit Insurance Corporation)

Front

the government agency that insures customers' deposits if a bank fails

Back