SAT Subject US History Practice Question 1097: Answer and Explanation
4. Franklin D. Roosevelt's administration began with
A. a court-packing scheme.
B. an end to speculation in stocks and the stock market.
C. a decrease in unemployment.
D. the establishment of the Social Security system.
E. a bank holiday.
Correct Answer: E
The first act of the FDR administration was to declare a bank holiday. The court-packing scheme did not occur until 1936. Controls were placed on the securities market by the New Deal. Employment increased gradually due to the New Deal programs and, ultimately, World War II. The Social Security system was established, but not until 1935.