Question

The core idea that both Franklin Roosevelt's New Deal and policies from the Progressive Era shared was

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A. the government has a responsibility to regulate the banking industry.
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B. the government should encourage unions and discourage business culture.
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C. the government should give aid directly to citizens instead of funding charities.
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D. the government has a responsibility to protect the well-being of its citizens.

Answer 1

Answer: The government has a responsibility to regulate the banking industry.

Step-by-step explanation:

In the first hundred days of his term, Roosevelt imposed several laws to address existing economic problems quickly. The banking sector was in a deep crisis. The savings of the Americans were questionable. Roosevelt closed over 10,000 banks to check their operations and sort out the accumulated problems.

A special commission of economic experts did this. Up to $ 5,000 in savings were soon provided. Addressing this problem has restored public confidence in the better days and the banking sector of America.