Question

Which pair of economic situations faced both President Franklin D. Roosevelt and President Barack Obama during the first 100 days of their administrations?

1legalization of the sale of alcoholic beverages and suspension of antitrust laws
2 high unemployment and failures in the banking system
3funding overseas wars and bailing out the automobile industry
4modifying the gold standard and increasing federal aid to education

Answer 1

Option: 2. high unemployment and failures in the banking system.

Explanation:

Presidents of America, Barack Obama and Franklin D. Roosevelt viewed similar difficulties first hundred days into their administration. Roosevelt became president during the Great Depression, and he helped in getting jobs for citizens and introduced several policies. Obama tried to prevent America from falling its economy. Both Roosevelt and Obama pushed through massive economic incentive plans. They also went with rescue plans for conservative banks.