What was the bank holiday and why was it needed? *

History

2 answers:

IgorLugansk [536]3 years ago

6 0

Answer:

March 9, 1933), was an act passed by the United States Congress in March 1933 in an attempt to stabilize the banking system. Beginning on February 14, 1933, Michigan, an industrial state that had been hit particularly hard by the Great Depression in the United States, declared an eight-day bank holiday.

Juli2301 [7.4K]3 years ago

5 0

Why Did FDR's Bank Holiday Succeed? After a month-long run on American banks, Franklin Delano Roosevelt proclaimed a Bank Holiday, beginning March 6, 1933, that shut down the banking system. When the banks reopened on March 13, depositors stood in line to return their hoarded cash.

Hope this helps in any way
Good luck!!

You might be interested in

Can someone give me 5 facts about the great depression for 10 points? <br> NEED IT FAST

coldgirl [10]

The Great Depression lasted from 1929 to 1939; the worst years were between 1932 to 1933.
It began after the United States stock market crashed in October 1929.
About 15 million Americans were unemployed and almost half the country's banks failed.
Zippers became popular during this time because buttons became too expensive
The US stopped minting nickels in 1932 or 1933 because the circulation of money was so low
Central Park became a camp site for thousands of homeless families
President FDR is credited for fixing the economy and getting us out of the Great Depression.

3 0

4 years ago

\Which of the following best defines the concept of imperialism? A. A feeling of pride and loyalty a person has toward his or he

kirill115 [55]

I believe the answer is C! Because Imperialism is<span> extending a country's power and influence through diplomacy or military force. Usually taking over parts of other countries.</span>

6 0

3 years ago

Hi there what grade should i give myself and it is out of 100 ( I did the work and I turn it ) and what letter Grade should I gi

Oksanka [162]

Answer:

whatever you think best and suits what you wrote so since you have 3,241 points you have great experience you might want to give yourself 100/100 .I hope that helps

Explanation:

4 0

3 years ago

Read 2 more answers

HELP AGAIN

denpristay [2]

Answer: The answer is C

Explanation:

3 0

4 years ago

Lost Generation writers who wrote about World War I differed from earlier<br> authors in that they

erma4kov [3.2K]

Answer:

Abandoned rationality in order to depict surreal situations

Explanation:

7 0

4 years ago