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.
Though the relief and reform measures put into place by President Franklin D. Roosevelt helped lessen the worst effects of the Great Depression in the 1930s, the economy would not fully turn around until after 1939, when World War II kicked American industry into high gear.