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<span>Frightened depositors feared for their money and tried to withdraw it from their banks.</span>
Answer:
<h3>Chairman Mao Zedong launched the campaign to reconstruct the country from an agrarian economy into a communist society through the formation of people's communes. Mao decreed increased efforts to multiply grain yields and bring industry to the countryside.</h3>
To discuss how to respond to the new taxes??
A major progressive business reform that President Taft enacted was the "<span>breaking up large monopolies", since these monopolies were seen as being highly detrimental to the economy. </span>