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Which policy is most similar to the economic policies established under the
New Deal?
A. The president proposes a new tax on all goods imported into the
country
B. A state government cuts social programs in order to reduce
government spending.
C. A city council sells nearly all its public land to private real estate
companies
D. Congress approves a program that offers free health insurance to
elderly citizens.
SUMIT


Sagot :

Answer:

i THINK the answer is C. A city council sells nearly all its public land to private real estate

companies

The policy most similar to the economic policies established under the New Deal is Congress approves a program that offers free health insurance to elderly citizens.

What is economic policy?

The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labour market, national ownership, and many other areas of government interventions in the economy, are all included in the concept of the economy of governments.

The majority of economic policy elements fall into one of two categories: monetary policy, which deals with central bank activities related to the money supply and interest rates, or fiscal policy, which deals with government actions related to taxation and spending.

International organisations like the International Monetary Fund and the World Bank, as well as political ideologies and the ensuing party policies, frequently have an impact on such policies.

What is New Deal?

Between 1933 and 1939, President Franklin D. Roosevelt implemented a number of initiatives, including public works projects, financial reforms, and regulations under the umbrella of the "New Deal."

The lives of those affected by the events of the depression were improved by New Deal programmes. Long-term, New Deal policies established a precedent for the federal government to be heavily involved in the social and economic life of the country.

  • To combat the negative economic impacts of the Great Depression, FDR established a number of comprehensive relief programmes and reforms known as the New Deal.
  • Government expenditure was promoted during the New Deal as a major economic factor that would increase consumer demand.
  • The New Deal was crucial in halting the Great Depression and reviving the American economy.
  • The importance of the government's role in overseeing the country's economy was made clear by FDR's plan.

Supporting answer

Hence option D is correct answer

To learn more about New Deal here https://brainly.com/question/8973105

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