<span>The aim of the legislation referred to in this excerpt is:
Reopen banks and convince people to redeposit their cash
President Franklin Roosevelt said three days after the signing of the Act "</span><span>“I can assure you that it is safer to keep your money in a reopened bank than under the mattress.”
During the Great Depression, a lot of depositors withdrew their money and kept it at home for fear of losing their money when banks declare bankruptcy.
The above Act was passed for the purpose of restoring American confidence in banks when they reopen. The banks underwent financial examination and only those banks deemed financially secure were reopened. </span>
Grant chose many dishonest people for office. His cabinet was made of corrupt men out to serve their own interests.
The correct option is B
clothing
Clothing prices went down as Americans begun industries to process their own clothes following the bitter years of embargo.The British blockade of the American coast created a shortage of cotton
cloth in the United States, leading to the creation of a
cotton-manufacturing industry, beginning at Waltham, Massachusetts by Francis Cabot Low, which consequently lowered the price of clothing in USA.
Answer: B. The bank kept the value of printed currency stable and steady.
