What did the Emergency Banking Act allow the government to do? (4 points) to insure customers' deposits up to $5,000 to reorganize and reopen banks with enough money to operate to hire workers to staff deserted banks and financial institutions to borrow money so that it could spend more than it took in

Question

15-02-2015
History

Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

What did the Emergency Banking Act allow the government to do? (4 points) to insure customers' deposits up to $5,000 to reorganize and reopen banks with enough money to operate to hire workers to staff deserted banks and financial institutions to borrow money so that it could spend more than it took in

Sagot :

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.

The table compares the GDP and HDI rankings of countries.\begin{tabular}{|l|l|l|}\hline Country & Total GDP ranking (out of 187) & HDI ranking (out of 1

Why was the boy afraid when he was told that the principal wanted to see him

Mrs. Hernandez is one of your clients. She has read that there is a new program that may help her manage prescription drug costs. What do you tell her about the

ProbabilityA coin is flipped 3 times. What is the probability of getting exactly 2 heads?Event:- Choose...# of trials:- Choose...[tex]\[ P(\text{2 heads}) = \][

Which of the following best describes the practice of increasing the capacity of a service or application deployed in a private cloud by adding extra instances

Select the correct answer.Avon takes amphetamines at the same time that he takes a sleep medication. Which of the following best describes what Avon is doing?A.

Farmers spray their plants with insecticide to kill insects. Suggest how the insecticide on the plants gets into the insects.

Which of the following statement of Responsibility Matrix is false?A. It is also called a linear responsibility chartB. It summarizes the tasks to be accomplish

I got the middle one correct the answer was 19 degrees but when I put 161 degrees for the top and bottom the answer was a wrong please help what’s the answer?

A crush injury to the tibial nerve could cause weakness of which of the following muscles?

lrathburn lrathburn · Answer 1 · 2015-02-15T15:38:17-05:00

lrathburn lrathburn

15-02-2015

The Emergency Banking Act was instated in 1933 after the banks were hit hard during the Great Depression. It allowed for the reorganization and reopening of banks with enough money to operate.

Answer Link

emilyadalex emilyadalex · Answer 2 · 2019-01-17T11:15:01-05:00

The answer is option 2: To reorganize and reopen banks with enough money to operate.

The Emergency Banking Act of 1933 was enacted with the purpose of strengthening American confidence in the banking system since previously almost 1/3 of American banks had collapsed and failed.

The legislation regulated some banking practices, established several qualified conservators to take over bookkeeping and reorganize the banks, and authorized the treasury secretary to determine which banks were in need of financial assistance and to give them loans so they can start to operate again, among others.

Sagot :

Other Questions