The correct answer is C. banking crisis. President Roosevelt's first act as part of his New Deal was to address the devastating banking crisis gripping the nation in 1933. This act, signed into law on March 9, 1933, was the 'Emergency Banking Act'. It aimed to stabilize the banking system, restore public confidence, and reopen banks that had been closed due to the crisis.

Which Crisis Did President Roosevelt's First New Deal Act Address in 1933?

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