Question: In American. Horizons chapter 2 3 we learn about one of the very first things FDR ( and hence the federal government ) did once
In American. Horizons chapter we learn about one of the very first things FDR and hence the federal government did once he was inaugurated. Which of the following illustrates the approach the administration took to dealing with the ongoing crisis in the banking sector?
He ordered a bank holiday and then had the Treasury Department and other regulators get invovled with safegurading' deposits
The government nationalized all banks with capitalization below one million dollars
The federal government would henceforth guarantee all deposits over ten thousand dollars
The federal government lowered interests rates to zero to ensure that banks would begin making loans
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