The New Deal: Evidence of Government Intervention and Reforms
Classified in Law & Jurisprudence
Written on in English with a size of 1.87 KB
As first evidence, the government put into work the Emergency Banking Relief Act. It assigned government agents to examine and survey the bank’s financial conditions. Furthermore, it issued certificates to those who were safe for the people to put their money in. In that way, the program as a product of the New Deal came to restore confidence in the people.
As second evidence, in addition to banks, the government passed regulations for the stock market through the Securities Act. It prevented stock selling companies from mishandling the truth by requiring them to provide accurate information to their clientele. Soon after, the government created the regulating Securities and Exchange Commission in order to prevent stock markets from committing... Continue reading "The New Deal: Evidence of Government Intervention and Reforms" »