ec503
ec503 ec503
  • 03-06-2021
  • Social Studies
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How did FDR seek to reassure Americans about the banking system?

Respuesta :

navarrosank2008
navarrosank2008 navarrosank2008
  • 03-06-2021

Answer:

The Emergency Banking Act of 1933, passed by Congress on March 9, 1933, three days after FDR declared a nationwide bank holiday, combined with the Federal Reserve's commitment to supply unlimited amounts of currency to reopened banks, created 100 percent deposit insurance".

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