Question

When did franklin d Roosevelt ran for president in 1932, the country was ?

Answer 1

The correct answer is B) mired in the Great Depression.

The Great Depression struck America at the end of the 1920's. One of the first events that helped lead to this financial crisis was the Stock Market Crash of 1929. Stocks plummeted in value, resulting in thousands of Americans losing their life savings. Around the same time, many banks started to close due to the fact that they ran out of paper money. This was caused by an influx of people trying to get their money out of the bank. The bank, however, was limited in terms of how much paper currency they possessed as they supplied millions of loans to individuals who bought stocks.

These economic disasters carried into the 1930's, as businesses began to fail, unemployment increased rapidly, and the amount of homeless Americans increased drastically.

Answer 2

I think the answer is B Mired in the great depression.