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pentagon [3]
2 years ago
9

What challenge does FDR present Americans in place of “rumors or guesses” about the failing financial system?

History
1 answer:
lord [1]2 years ago
7 0

After taking office on March 4, 1933, President FDR set out to stabilize the country's banking sector and regain public confidence in it.

  • He proclaimed a four-day nationwide banking holiday on March 6 in order to keep all banks closed until Congress could take action.
  • On that chilly, overcast Inauguration Day, Roosevelt famously said, "The only thing we have to fear is fear itself. But moving words alone wouldn't be sufficient.
  • He proclaimed a statewide "bank holiday" two days later, briefly shutting down the whole banking sector of the country. The Emergency Banking Act was approved by Congress on March 9 after being called into a special session. The measure granted the federal government the authority to look into the financials of banks.

Thus this is the answer.

To learn more about President FDR, refer:brainly.com/question/2066305

#SPJ10

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1.How did colonialism affect South Africa?

2.What effect did colonization have?

3.What are the positive and negative effects of colonialism?

4.What are the disadvantages of colonialism?

5.What major problems did colonialism?

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7.Did imperialism in Africa have more positive or negative effects?

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1.With colonialism, which began in South Africa in 1652, came the Slavery and Forced Labour Model. ... Some resisted the forces of colonial intrusion, slavery and forced labour for extended periods. Others, however, such as the Khoikhoi communities of the south-western Cape, disintegrated within a matter of decades.

2.As Europeans moved beyond exploration and into colonization of the Americas, they brought changes to virtually every aspect of the land and its people, from trade and hunting to warfare and personal property. European goods, ideas, and diseases shaped the changing continent

3.Colonial powers introduced Western schools and healthcare, resources that often had a positive effect on the lives of the colonized people. ... While the colonizers did bring positive improvements and advancements, the inhabitants often lacked immunity to the pathogens the colonizers also brought from their home countries.

4.Unfamiliar system of government: the colonial masters brought new and alien systems of government which the natives were not familiar with. These systems of government gave less importance to, and had less regard for the systems of government of the colonies.

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I hope this helps you

5 0
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