angelagarza100 angelagarza100
  • 23-02-2018
  • History
contestada

How did the Emergency Banking Relief Act (1933) provide for recovery, the first of Roosevelt’s three Rs?

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MJJM80
MJJM80 MJJM80
  • 23-02-2018
It helped people pay off the loads of debts that they ran up from the easy credit and buying stock ( after the Stock Market crash of 1929)
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samanthashade16 samanthashade16
  • 16-08-2018

Roosevelt attacked the bank crisis first. He closed all banks for four days and pushed the Emergency Banking Relief Act through Congress in just eight hours. This law permitted solvent banks to reopen under government supervision.

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