IT was the worst of times when Franklin Delano Roosevelt assumed the presidency in March 1933. Following the ruinous stock market crash of late 1929, the bottom seemed to drop out of the American economy. By 1933, securities listed on the New York Stock Exchange had lost more than three-quarters of their 1929 value. Industrial production had fallen to half its 1929 level. Agricultural income had plummeted even more sharply. Piles of unmarketable wheat flanked railroad tracks across the plains states. Desperate Iowa farmers blockaded the approaches to Sioux City in the summer of 1932, assaulting vehicles that tried to breach the makeshift barricades of logs and spiked telephone poles.
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<span>The answer is A. Maintain a safe and stable banking system.
Ensuring Banking Industry Safety. Maintaining the safety and soundness of the financial institutions it regulates is an important function of the Federal Reserve System.
Another good metric for evaluating management performance is a bank's return on assets</span>
The Asian immigrants faced many problems in the early 1900's. Firstly, discrimination. Secondly, separation from family. Thirdly, difficulty making a living. Lastly, detention at Angel Island.
A Tsar was a Russian leader in the early 1900s who was similar to a <u>king</u>
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