The last statement is correct.
When the Great Depression hit, Herbert Hoover was president. As an advocate of laissez faire economics, he felt that having the government interfere with the economy would have negative results. Hoover does create a few public works projects (like the Hoover Dam) in order to decrease unemployment but these programs are short lived. Overall, Hoover is remembered negatively by the American public, as he did not do enough to help America during this time.
This is why when he ran for re-election he lost to Franklin D. Roosevelt. Once in office, FDR implemented the "New Deal." This economic program was based around creating government agencies that would help decrease unemployment and improve American society in general. Along with this, FDR set up market regulations (like the Securities and Exchange Commission) to ensure that there is never another crash in wall street like the one in 1929.
Answer:try this
The most difficult task confronting many Southerners during Reconstruction was devising a new system of labor to replace the shattered world of slavery. The economic lives of planters, former slaves, and nonslaveholding whites, were transformed after the Civil War.
Kentucky, Tennessee, Virginia, Maryland, West Virginia, and North Carolina
Due to the Articles of Confederation, States could override what Congress had established and create their own laws which caused division between the states and caused many issues on currency and of other sorts of important matters. Thus, enabling no authority of control over the power of the differentiating states.