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.
Answer:
During the Civil War , federal powers expand to include an income tax and a national currency.
This plan is known as the Open Door Policy.
This idea was introduced by Secretary of State John Hays in 1899. The goal of this plan was to ensure that all nations had the ability to trade with China. Even though this plan referred to the ability of all nations to trade with China, the real reason behind its development was the fear of the US government being blocked out of trading with China by European countries.
Answer:
Smith argued that by giving everyone freedom to produce and exchange goods as they pleased (free trade) and opening the markets up to domestic and foreign competition, people's natural self-interest would promote greater prosperity than with stringent government regulations.
