Question

these institutions, because of their great needs, were foreclosing mortgages, calling loans, refusing credit. thus there was actually in process of destruction the property of millions of people who had borrowed money on that property in terms of dollars which had had an entirely different value from the level of march, 1933. that situation in that crisis did not call for any complicated consideration of economic panaceas or fancy plans. we were faced by a condition and not a theory.³ how does president roosevelt feel the issues of the great depression need to be addressed? a. by testing different economic theories until the true solution reveals itself b. through simple economic practices such as creating jobs and encouraging americans to spend c. through a complex plan of money - saving tactics that will ensure the country stays out of debt d. by leaving the free market to rebalance the economy by correcting mistakes

Explanation:

Roosevelt states the crisis required no complicated economic panaceas or fancy plans, only addressing the real, tangible condition. Option B aligns with this focus on simple, practical actions, while the other options rely on theories, complex plans, or unregulated markets which he rejects.

Answer:

B. Through simple economic practices such as creating jobs and encouraging Americans to spend