The first reforms of the New Deal aimed at
A.
providing home loans to help the homeless.
B.
creating the Social Security Administration to support pensions.
C.
creating agencies to regulate the stock market.
D.
reopening banks and assuring people it was safe to keep their money there.
D. Reopening banks and assuring people it was safe to keep their money there.
The correct answer is D. The first reforms of the New Deal aimed at reopening banks and assuring people it was safe to keep their money there. To arrive at this answer, we can go through the options and eliminate the incorrect ones.
Option A is incorrect because providing home loans to help the homeless was not one of the first reforms of the New Deal. While the New Deal did include programs to address housing issues, such as the creation of the Federal Housing Administration, these initiatives came at a later stage of the New Deal.
Option B is incorrect because creating the Social Security Administration to support pensions was also not one of the first reforms of the New Deal. The Social Security Act was passed in 1935, a few years into the New Deal period.
Option C is incorrect because creating agencies to regulate the stock market was not one of the first reforms of the New Deal either. The Securities and Exchange Commission (SEC) was established in 1934, again, a bit later into the New Deal.
Therefore, the answer D is correct. The first reforms of the New Deal focused on reopening banks that had closed during the Great Depression and restored confidence in the banking system. This was done through various measures, including bank holidays, the implementation of Federal Deposit Insurance Corporation (FDIC) to guarantee deposits, and the passing of the Emergency Banking Act.
The correct answer is:
D. reopening banks and assuring people it was safe to keep their money there.
The first reforms of the New Deal aimed at reopening banks and reassuring people that it was safe to keep their money in them. This was done through the passage of the Emergency Banking Act, which allowed the government to inspect and reopen banks that were deemed stable. This helped to restore confidence in the banking system and prevent further bank runs.