<u>The RFC gave loans to a variety of businesses. The RFC increased the amount of financing given to public relief efforts.</u>
On December 7, 1941, the U.S. was thrust into World War II when Japan launched a surprise attack on the American naval fleet at Pearl Harbor. The following day, America and Great Britain declared war on Japan. On December 10, Germany and Italy declared war on the U.S.
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Many farmers borrowed money from the bank to buy equipment so when the depression started they could not pay back the money causing the banks to take the land.
Paying employees less then their contract they signed to. Making them work multiple looms at one time i instead of one or two.