FDR's first major act as president was the Emergency Banking Act. Passed just 5 days after his inauguration, FDR did this in hopes of stabilizing the banking industry. At this time in the US, the Great Depression was in full swing and banks were struggling. This is because so many people were trying to take out their money from the banks that thousands of banks all over the country were forced to close due to lack of paper currency.
With the Emergency Banking Act, FDR declares a "bank holiday." This 4 day period allowed the federal government to start reorganizing the banks and to provide currency to those banks who needed it.
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The bank wants to give you an incentive to pay back the loan. If they did not hold your assets as collateral, you could simply fail to pay back the loan and really not lose anything other than your credit score. Many borrowers already have tarnished credit scores, so that is rarely enough incentive to base a loan on.
I would put this into your own words considering I copied and pasted it. Other than that I hope this helps!
The Catholic church in Italy was controlled by the medieval popes, and the bishops were often worldly figures to nobles. The controversy of lay investiture was initiated by a decree from Pope Gregory VII in 1075, ended in an 1122 compromise called the Concordat of Worms. Pope Innocent III, in the 1200s, used tools such as spiritual to bring the church to the height of its political power.
This answer to this would be A.
Answer:
B. The Constitution created a stronger federal government.
Explanation:
