Foreclosures were a common occurrence in the early 1930's, as thousands of Americans lost their entire life savings and eventually their homes once the stock market crashed in 1929.To help provide Americans with help, Franklin D. Roosevelt creates the Federal Housing Administration.
This government agency helps to provide small loans for home construction. Providing these loans would help the economy recover, as new home construction is a sign of economic prosperity. By limiting the size of the loan, individuals were able to make reasonable payments and this allowed for relief, especially on America's middle class.
The United States 16th president was Abraham Lincoln.
When President Obama made this statement about transparency and the rule of law he was stating that His cabinet's policies will be based strictly on regulation and also that no person in his administration would be above the laws governing all citizens.
B - The answer is 1.
It is ADX Florence in Florence, Colorado.
