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: Economic Collapse. In the 1930s, American capitalism practically stopped working. For more than a decade, from 1929 to 1940, America's free-market economy failed to operate at a level that allowed most Americans to attain economic success.n different ways, both Keynesian and Friedmanist explanations for the Great Depression suggest that American capitalism broke down in the 1930s because of a tragic disconnect between the needs of the economy as a whole and the rational economic actions of the individuals struggling to survive within it.