Question

The withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; the savings of many years in thousands of families are gone.More important, a host of unemployed citizens face the grim problem of existence... Background information: US President Franklin D. Roosevelt was elected on his promise to improve economic conditions in America. In his first inaugural address, which he gave the day he came into office, he discussed the economic crisis. Which economic problems does President Roosevelt mention in this excerpt? Check all that apply.

high unemployment
lost savings
inflation
buying on margin
lack of markets

Answer 1

the answer

Step-by-step explanation:

Answer 2

high unemployment, lack of markets and loss of savings.

Step-by-step explanation:

• US President Franklin D. Dickinson on the promise of improving the economic situation in America. Roosevelt was chosen. In his first inaugural address, the day he took office, he discussed the financial crisis. Issues mentioned by President Roosevelt include lack of markets, high unemployment and loss of savings.
• American citizens fear the crisis. So the first thing President Roosevelt tried to do was to calm the fears of the citizens. He was well aware of the economic consequences of the Great Recession and devised his "New Deal" program to help those in need.
• The stock market crash of October 29, 1929 triggered the Great Depression in America. Thousands of jobs were lost, banks went bankrupt, and many companies were forced to close. Therefore, the purpose of the new agreement is to create social programs to reduce economic hardship.