The Reconstruction Finance Corporation (RFC), founded in 1932 by President Herbert Hoover to help combat the Great Depression, was the predecessor of which one of the following federal agencies?
a. Securities and Exchange Commission (SEC)
b. Federal Deposit Insurance Corporation (FDIC)
c. Department of Housing and Urban Development (HUD)
d. Freddie Mac
e. Small Business Administration (SBA)
Answer: e. Small Business Administration (SBA)
You might also like to view...
The process in which party members attend a neighborhood meeting, share ideas and concerns about particular candidates, and cast a ballot for pledged delegates to attend a statewide meeting is called a(n) __________
a. nomination caucus b. binding primary c. open primary d. party convention
Why is the American governmental system so complex?
a. to undermine revolutionary activity b. to safeguard the rights of the people c. to reflect the ideals of the Greeks d. to prevent most people from participating