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7nadin3 [17]
2 years ago
13

How did Roosevelt respond to the Panic of 1907?

History
1 answer:
lions [1.4K]2 years ago
4 0
One thing needed to help the recovery from the Panic, was for Roosevelt to approve U.S. Steel's takeover of TC&I, despite anticompetitive concerns, which he did. Once he did this, confidence in the market went up. 
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