pink slime. A popular term for an inexpensive, low-quality meat filler, which comprises up to 70% of ground beef sold in the US.ink slime. A popular term for an inexpensive, low-quality meat filler, which comprises up to 70% of ground beef sold in the US.
In 1913, the government established a new federal banking system, the Federal Reserve, to regulate the nation's money supply and to place some controls on banking activities. The largest changes in the government's role occurred during the New Deal, President Franklin D. Roosevelt's response to the Great Depression. During this period in the 1930s, the United States endured the worst business crisis and the highest rate of unemployment in its history.
The Great Depression, which lasted from 1929 to 1941, was a severe economic downturn caused by an overly-confident, over-extended stock market and a drought that struck the South. In an attempt to end the Great Depression, the U.S. government took unprecedented direct action to help stimulate the economy.