History, 19.09.2019 08:30 kydog00

President roosevelt instituted a "bank holiday" early in his administration. what did this accomplish?
-it gave bankers a break from angry customers who had lost their money.
-the administration took time to look at banks and reopen the solvent ones.
-struggling banks were allowed to reopen with government financial .
-it gave the administration time to ask wealthy businesspeople for assistance.

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