1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ladessa [460]
3 years ago
9

In which way did Roosevelt attempt to restore the nation's confidence in the banking system? A. Firing and replacing top banking

executives B. Ordering banks to keep 100 percent of deposits in cash C. Declaring a bank holiday to give banks time to get in order D. Lowering interest rates
History
2 answers:
MA_775_DIABLO [31]3 years ago
8 0
C.....declaring a bank holiday meant he was closing banks that were failing
Lostsunrise [7]3 years ago
5 0

The correct answer is C. Declaring a bank holiday to give banks time to get in order.

When President Franklin D. Roosevelt took over the office, he declared a national 4 day holiday for banks. At this time, this bank holiday was a necessity as many banks ran out of currency and were forced to close. To combat the negative effects of the Great Depression on the banking industry, FDR closed all banks so that they may get their affairs in order. This included individuals from the federal government inspecting bank records and developing an idea of what banks deserved to receive federal funds in order to be bailed out.

You might be interested in
How did the compromise of 1850 affect slavery during manifest destiny
aksik [14]
Manifest Destiny basically mean, "EVERYONE MOVE TO THE WEST NOW!" But with no slaves, how would they create farms to maintain themselves? Easy: expand slavery. However, this was battled against by several sources to create the Compromise of 1850. The compromise delayed the Civil War, despite politicians knowing it will eventually happen. It bought them time-- that was important! Other new states like Nebraska and Kansas were allowed to allow slavery or not. This eventually grew to where the North had no slavery and the South did, which lead to the Civil War.
5 0
3 years ago
Tomochichi allowed James Oglethorpe to settle on bluff overlooking which river
julia-pushkina [17]

Answer:

savannah river

Explanation:

Tomochichi believed that befriending Oglethorpe would benefit his people and form a new trading partnership. Tomochichi led the settlers to Yamacraw Bluff overlooking the Savannah River. This became the first settlement of the new Georgia colony.

3 0
3 years ago
Who long was the peloponn war
djverab [1.8K]
The peloponn war lasted 27 years
5 0
3 years ago
Read 2 more answers
Who established the role of the Supreme Court in judicial review? A. George Washington B. Alexander Hamilton C. John Adams D. Jo
77julia77 [94]
John Marshall established the role of the Supreme Court in judicial review
4 0
3 years ago
Read 2 more answers
Imagine you are a small business owner who plans to open a new hair salon. In which section (A-E)
ivolga24 [154]

Answer:

pop

Explanation:

tnrjjfjfjcnfnfjfjfjfjjcnffijf

5 0
2 years ago
Other questions:
  • The main purpose of Henry's speech is to?
    14·1 answer
  • According to socialist supporters, what impact did industrialization have on workers?
    15·1 answer
  • Between 1805 and 1807, Napoleon defeated armies from all of the following countries EXCEPT:
    14·1 answer
  • At what time did Paul Revere go on his ride?
    6·1 answer
  • Which condition must be true for a nation to exist?
    11·2 answers
  • Which of the statements below is NOT part of the Cell Theory?
    8·2 answers
  • How did historical and political developments lead to the presence of two tribal governments on the Wind River Reservation? Resp
    6·1 answer
  • What is North and South of the Savana?
    7·2 answers
  • This United States foreign policy seeks to limit the spread of communism throughout the world.
    15·1 answer
  • How has civil rights impacted your life today?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!