Answer:
They passed numerous pieces of legislation in the first hundred days of his administration.
Explanation:
The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks.The American economy was experiencing a period of euphoria during the 1920s. The US had become the world's leading economic powerhouse and was the largest supplier of manufactures to Europe. In this scenario, banks have expanded their credit rampantly to sustain the increase in production. However, production increased in a way that there was not enough consumer market to dispose of the products. The businessmen lost the conditions to pay their loans to the banks and the financial system collapsed.
The Roosevelt government occurred during the Great Depression of the 1930s, when US economic and social indicators suffered a major blow. Roosevelt was able to overcome the Great Depression through his economic recovery plan, the New Deal. In the first 100 days of government, Congress passed a series of sectoral reforms in the US economy to create the conditions for the formation of domestic savings and to recover the profitability of investments. Measures were implemented to clean up the financial system, with the Emergency Banking Act, to regulate agricultural production with the Agricultural Adjustment Act (AAA), and to prevent the loss of the homeowners mortgage with the Home Owners' Refinancing Act.
