Roosevelt announced a bank holiday and thus closed the banks.
When the Great Depression hit, the people lost their confidence in banks and thus massively went and withdrew their money. This was bad for the economy as whole. Thus in order to restore the economy and restore the confidence in the banks Roosevelt issued a four day bank holiday so he could get Federal Reserve Banks to issue more currency so the banks could meet legitimate demands.
Answer:
Yes
Explanation:
Trade makes more reasources avaible to more people.
Answer: The statement that is false is C- by the 1900's all of the major oil fields in Texas were in Southeast Texas.
Explanation: The discovery of oil at Spindletop, which is near Beaumont, Texas in Southeast Texas began what historians call the "Oil Age." However, with that discovery, speculation began about other Texas locations and soon oil wells were sprouting up in North Texas, East Texas and the Permian Basin in West Texas.
Its B- Maintaining a public school system.
Answer:
B.
Explanation:
The Association of Licensed Automobiles Manufacture (ALAM) was an organization founded back in 1903 by proponents of the Selden patent. ALAM used to be a strong association in the automobile industry.
The Association of Licensed Automobiles held back tourism by opposing the building of transcontinental roads. ALAM was opposed to the project of building transcontinental roads.
Therefore, option B is correct.
