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Solnce55 [7]
3 years ago
6

What Roosevelt does to the bank

History
2 answers:
tamaranim1 [39]3 years ago
8 0

Answer: Roosevelt proclaimed a Bank holiday, on March 6, 1933, it shut down the banking system. The banks reopened on March 13.

kap26 [50]3 years ago
3 0
What did the Banking Act of 1933 do?
The new law allows the twelve Federal Reserve banks to issue additional currency on good assets and thus the banks that reopen will be able to meet every legitimate call. The new currency is being sent out by the Bureau of Engraving and Printing in large volume to every part of the country.
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The start of the 16th century, many events led to the Protestant reformation. Clergy abuse caused people to begin criticizing the Catholic Church. The greed and scandalous lives of the clergy had created a split between them and the peasants.

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