How did Franklin Roosevelt attempt to restore trust in the banking system?

1 answer:

const2013 [10]3 years ago

3 0

The correct answer is A) He declared a bank holiday and developed a ranking system for banks.

When President Franklin D. Roosevelt took over, thousands of banks across the US already shut down because they ran out of money. To fix this problem, FDR declared a bank holiday. This means that all banks in the US would be closed for a four day period. During that period, the federal government would go over the records of several different banks to learn more about why they failed. From there, Roosevelt ranked the banks so that the federal government could keep a close eye on the banks that made bad decisions during the 1920's and early 1930's.

You might be interested in

Which of the following statements about Thomas Hobbes and John Locke is not correct?

rodikova [14]

The statement which is not true about Thomas Hobbes and John Locke is:

Most of the Founders of the United States had read both Hobbes and Locke but were strongly influenced by Locke.

Because Hobbes and Locke were both influential in the development of social contract theory.

8 0

2 years ago

Which of these is a major economic expense for Germany?

Ray Of Light [21]

(D) Upgrading formerly Communist segments of the economy

8 0

2 years ago

Read 2 more answers

According to the chart, Demarco and Tanya will pay a

Fittoniya [83]

Answer:

Here's the correct answers since "idk" is not the right answers:

Part A: $195,104

Part B: $365,104

Part C: higher

Explanation: it tells me the correct answers on edge

4 0

2 years ago

Which beliefs did the Sumerians hold?

shtirl [24]

Answer: The answer is D.

Explanation:

D. Powerful gods controlled everything.

5 0

2 years ago

Both the samurai and knights generally fought on horseback. Who would have been in the most trouble if he was knocked from his h

leonid [27]

Both the samurai and knights generally fought on horseback.

The Samurai armors were made of metal and was put together with leather and silk.
The armor was made in a way so that samurai can move freely using their swords.
The knights armor were made of steel plate and were very popular during the 15th century.
According to researchers, the knights armors weighed 30 to 50 kilograms.
To run or fight the knights have to use twice the amount of energy from normal soldier with no armor.
For a knight it will be most trouble if he was knocked from his horse or his horse was killed.

Thus we can conclude that the answer will be the knight as their armor is heavy compared to Samurai.

Learn more about samurai here:

brainly.com/question/15672578

5 0

1 year ago

Read 2 more answers