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QUESTION IMAGE

by instituting government oversight on banks and investments, franklin …

Question

by instituting government oversight on banks and investments, franklin roosevelt
hoped to avoid another
stock market crash.
reinforced the policies of
herbert hoover.
prompted americans to
take their money out of
banks.
hoped to create jobs and
get reelected.

Explanation:

Brief Explanations

To determine the correct answer, we analyze each option:

  • Option 1: Franklin Roosevelt's government oversight on banks and investments (part of New Deal reforms) aimed to stabilize the financial system and prevent another stock market crash, which aligns with historical context.
  • Option 2: Hoover's policies were laissez - faire, while Roosevelt's New Deal was interventionist, so this is incorrect.
  • Option 3: Roosevelt's banking reforms (like the Emergency Banking Act) aimed to restore confidence in banks, not prompt people to withdraw money.
  • Option 4: The primary goal of financial oversight was not re - election or job creation (job creation was through programs like WPA, not financial oversight directly).

Answer:

A. hoped to avoid another stock market crash.