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11111nata11111 [884]
3 years ago
9

Congress established the Reconstruction Finance Corporation (RFC) to loan money to what?

History
2 answers:
inessss [21]3 years ago
8 0

Answer:

The Reconstruction Finance Corporation (RFC) was an independent government agency in the United States that emerged in 1932 during the presidency of Herbert C. Hoover. Its task was the financial support of banks and other private companies during the Great Depression.

Explanation:

The RFC distributed approximately $2 billion to states and local governments, while providing loans to banks, railway companies, real estate farm corporations, and various businesses. The loans were almost all repaid.

The agency continued during Franklin D. Roosevelt's New Deal and played a major role in the end of the Great Depression, and in the implementation of aid programs introduced during the New Deal.

The agency was abolished by the Reorganization Plan on June 30, 1957.

WARRIOR [948]3 years ago
4 0

Answer:

banks so they could lend money to businesses to stimulate economic activity

Explanation:

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Diano4ka-milaya [45]

1.What is history?

Answer :

  • <em>The study of </em>change over time<em>, and it covers all aspects of </em>human society<em>. </em>

  • Political<em>, social, </em>economic<em>, scientific, </em>technological<em>, medical, cultural, </em>intellectual<em>, religious and military developments are all part of history.</em>

2.What is the father of history?

Answer :

  • Herodotus<em> was the first writer to do systematic </em>investigation<em> of historical events</em>.

  • <em>He is referred to as "</em>The Father of History<em>", a title conferred on him by the ancient </em>Roman orator Cicero<em>.</em>

3.Enumerate the primary and secondary sources of history?

Answer :

  • <u>Primary sources :—</u>

<em>D</em><em>iaries, personal journals, </em>government records<em>, court records, property records, newspaper articles, </em>military reports<em>, military </em>rosters<em>, and many other things. </em>

  • <u>Secondary source :—</u>

<em>The typical history book which may discuss a person, event or other </em>historical topic<em>.</em>

5 0
2 years ago
What were the two reasons why Colonel Benedict Arnold wanted to attack fort Ticonderoga?
shutvik [7]

Answer:

it would be the first major U.S. victory, and it would give the colonists more weapons and ammo

Explanation:

the british were sleeping so it worked

5 0
3 years ago
In the 1700 all of the following fought for power in North America except France, Holland, Spain, England???? I’ll give I brainl
SashulF [63]

Answer: <em><u>Holland</u></em>

<em><u></u></em>

Explanation: France, Spain, and Great Britain were the major players in colonizing North America and fighting each other for power. Another notable player was the Netherlands, though they were quickly booted out.

Hope this helps, please mark brainlist

7 0
3 years ago
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How can religion create an empire?
denpristay [2]

Answer:

fear

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7 0
3 years ago
"in which two revolutions was the growing power of the middle class a major cause of revolt"
alexandr402 [8]
There multiple examples in which a growing power in the lower or middle class was a cause for concern and reform. The two most notable examples where the growing power was a major cause of revolt however, was the American and French Revolution.
The American Revolution has its roots within the French and Indian war (or Seven Year's war), which was a global conflict between France and England. The conflict existed on the frontier of the British colonies in America, and after the British won the war they began to heavily tax the colonists whom they spent resources to protect. By this time, there was already a growing middle class from New England through down to the southern colonies. These new taxation were done without consent nor representation for the colonists which greatly angered them as the taxes were already immensely expensive on daily items such as tea and stamps. The enlightenment thought was also influential, as new schools of thought challenged the position of the individual to the state and monarchy. Eventually, sentiment grew and the colonists fought for their freedom from heavy taxation and monarchy, winning it in 1783.
Similarly, the French revolution saw its beginnings in similar fashion to that of the American revolution. France just fought two major conflicts (French and Indian war, as well as siding with the colonists in the American Revolution). Economic hardships was heavily burdensome to the French lower and middle class who were constantly outvoted by the clergy and nobility in the French court, both who did not face as strong hardships as the middle and lower class. The french nobility and royalty grew strongly out of the touch with the middle class majority. Enlightened thought eventually lead the French middle class to revolt and ignite the French Revolution in challenge to the position of 
8 0
3 years ago
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