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tekilochka [14]
4 years ago
12

Congress established the Reconstruction Finance Corporation (RFC) to loan money to

History
2 answers:
Shtirlitz [24]4 years ago
7 0

Answer:

banks so they could lend money to businesses to stimulate economic activity

Explanation:

gradpoint :)

Vaselesa [24]4 years ago
4 0

Reconstruction Finance Corporation was established in the year 1932 on 22nd of January.

Explanation:

The Reconstruction Finance Corporation was found in US , it is a government corporation.This corporation was made during the time of President Hoover. The main aim of the organisation was to provide loan to the people who required it. This loan was normally provided during the time of depression

This corporation mainly helped to the local as well as state government , provided loans to bank, various businesses, mortgage associations.

But Reconstruction Finance Corporation became a failed project because at the time of contraction period most of the banks had to stop their business activity as a result it ultimately failed.

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Answer this question; How does the U.S constitution influence us today?
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Answer:

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<u>Answer</u>:  <em>A. amend the Articles of Confederation</em>

<em>Out of all the four options that we are provided with the best option that is factory correct is the first one.</em>

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5 0
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A

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