Answer:
Supporting the banks helps the rest of the economy. Plus, with the banks afraid of risk and lacking cash, banks have little capacity to lend money. Without those loans, the pace of growth in the global economy slows substantially, and may even go into reverse.
This depends entirely on the federal position in question, but an example of an analogous position would the position of the state legislature as contrasted with the Congress.
Answer:
60 inches in height leading his teen years
#1 farmers piled up debt, over produced food causing prices to fall.
industry produced more than was bought, many items bought on credit
disparity in wealth; few getting wealthy and not spending enough to match the production output
<span>prices declined, people panis and sold stock and took money out of the banks
</span>#2 in beginning, had a hands-off policy
then adopted a volunteerism policy but business and labor did not work together
local and state governments did not have resources to help people on a local level
created RFC to get loans to businesses but funds did not trickle doen to citizens
unemployment and homelessness high
<span>Hoover did not reaction quickly enough and relied too much on local, state, and private efforts to fix the economic problems
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