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.
By all accounts, the New Deal programs eased the hardships of the Great Depression; however, the U.S. economy was still extremely bad by the end of the 1930s. The major turn-around for the U.S. economy occurred after the bombing of Pearl Harbor and the entrance of the United States into World War II.