Hi!
1.Trump faced bankruptcy when he was unable to make massive loan payments of over $2 billion. He had regularly convinced financial institutions that his name raised the worth of his assets, so they could ignore their usual lending and collateral guidelines. At that point, however, the market was contracting, and banks were not eager to agree to his demands and invest in what was then considered risky.
2.Trump lost control of some of his real estate to creditor banks and was forced to trade part of his empire to restructure debts. Although he secured emergency financing, his worth was reduced from an estimated $1.7 billion to $500 million. Perhaps worse, Trump's expertise was questioned. Trump found this uncertain period a challenge.
Hope it helps and have a wonderful day!
Answer:
Reconstruction was the post- civil war era
Explanation:
So that all the states get more fair representation instead of the states with the most people deciding everything
<span>Hoover responded to the economic crisis with a goal of
getting people back to work rather than directly granting relief. In October
1930, he established the President's Emergency Committee for Employment to
offer employment. As the Great Depression deteriorated, Hoover tried new ideas
to stimulate the econom</span>y including the he Reconstruction
Finance Corporation<span> (RFC) (1932) provided credit to railroads, banks, and
other financial institutions and the Glass-Steagall
Act<span> (1932) which made access to commercial credit easier.</span></span>
