Answer: Roosevelt's economic reforms sought to cope with the financial crisis.
Explanation:
The economic reform package known as the New Deal was supposed to be a concrete move by the Roosevelt administration in the face of the financial crisis. His predecessor Hoover had a hard time coping with the crisis. Roosevelt's first move was to remedy the problems in the banking sector.
Citizens' savings may have failed if Roosevelt did not audit the banking sector. He initiated general employment through national renewal programs. It has employed millions of Americans on infrastructure reconstruction, afforestation, and redevelopment. An industry rebuilding program entailed falling prices and facilitating employment. The law sets the minimum wage and provided for certain trade benefits.
