Which of the following describes the role of the U.S. government in the economy?(1 point) Responses
A. The New Deal involved the creation of regulatory bodies, including the Federal Trade Commission.
B. The Food and Drug Administration and the Interstate Commerce Commission were created in the early twentieth century and continue to exist today.
C. The New Deal coordinated producers in the United States to manufacture equipment needed by the military during World War II, such as tanks and planes.
D. The Great Depression resulted in the U.S. government reducing its role in regulating the economy
B. The Food and Drug Administration and the Interstate Commerce Commission were created in the early twentieth century and continue to exist today.
The correct answer is:
A. The New Deal involved the creation of regulatory bodies, including the Federal Trade Commission.
The New Deal, implemented in response to the Great Depression, did involve the creation of regulatory bodies such as the Federal Trade Commission. These bodies were aimed at regulating and overseeing economic activity to prevent abuses and promote fair competition.