He "Statue of Workers was a measure to fix wages and prices. The correct option among all the options given in the question is the second option. The wages and prices needed a base to be fixed and "Statue of Workers" was a step towards that direction. This would help in removing any kind of discrimination in respect to wages and prices.
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This is strictly my opinion but I believe it was a failure. It's original goal was the revitalize the American economy and pull us out of the Great Depression and get American's working again. In this it succeeded to an extent lowering the unemployment rate significantly however it still did not completely work since 15% of the United State's population was still jobless and in poverty. It won't be until WWII and the building of the arms industry as well as army that we will pull ourselves from the Great Depression.
Answer: The factory system was a new way of making products that started during the Industrial Revolution.