1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tekilochka [14]
3 years ago
12

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

History
2 answers:
Shtirlitz [24]3 years ago
7 0

Answer:

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

Explanation:

gradpoint :)

Vaselesa [24]3 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.

You might be interested in
How did martin luther differ from others who sought to reform the roman catholic church?
Valentin [98]
Because the Roman Catholic Church we’re making people pay to be forgiven for their sins but the not how it was supposed to work
4 0
3 years ago
Please help me I will give out the brain thing and extra points. image below
ira [324]

Answer:

it might be B if its wrong im sry

Explanation:

4 0
2 years ago
Read 2 more answers
________ was the highly influential, ancient greek philosopher noted for his writings and teachings on natural philosophy and on
nikdorinn [45]
The answer is Aristotle
5 0
3 years ago
When the Federal Reserve puts money into the banking system __________.
BaLLatris [955]
<span>When the Federal Reserve puts money into the banking system then the short term interest rates fall
 because the banks will be willing o take more risk so it will fall
hope it helps</span>
7 0
3 years ago
In 1550, which countries were colonizing others?
denis23 [38]

Answer:

During this time, European countries such as Britain, Spain, France, and Portugal colonized lands across North and South America.

6 0
3 years ago
Other questions:
  • What was the chief of the Indians living in the Chesapeake region?
    14·1 answer
  • Which of the following best describes the changes brought to world populations as a result of the European colonization of the A
    6·1 answer
  • Where and why did the stock market begin?
    15·1 answer
  • What is the most important aspect of a speech?
    8·1 answer
  • How did Muslim cities promote the sharing and diffusion of scientific knowledge across various cultures?
    5·2 answers
  • How did the unification of Germany following the Franco-Prussian War set up future conflict between Germany and France?
    10·1 answer
  • Help me.. please
    6·2 answers
  • Without Enlightenment ideals, which would have been least likely to happen?
    15·2 answers
  • Second battle of the Somme what is the modern v.traditional?
    7·1 answer
  • What was the han china labor system
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!