Question

What did FDR do to deal with the economic crisis at the time of his inauguration?

He announced the nationalization of all banks.


He announced a multibillion dollar bailout package.


He declared a four-day banking holiday to allow banks to restructure.


He drastically curtailed government spending and cut taxes.

Answer 1

The correct answer would be:

C. He declared a four-day banking holiday to allow banks to restructure.

Explanation: I took the test :D

Answer 2

He declared a 4-day banking holiday to allow banks to restructure

He drastically curtailed government spending and cut taxes