How did FDR make the banking system stable again?

A. He had the government take over the banks.

B. He closed all banks and made people bank with the post office.

C. He closed all banks and only reopened those with enough money.

D. He made all banks issue daily reports.

Question

History

Jaelynn Avila

30 December, 11:37

How did FDR make the banking system stable again?

A. He had the government take over the banks.

B. He closed all banks and made people bank with the post office.

C. He closed all banks and only reopened those with enough money.

D. He made all banks issue daily reports.

+4

Answers (1)

Know the Answer?

Ronnie Avery · Answer 1

The correct answer is letter c. He closed all banks and reopened specific banks with enough money.

FDR or The late President Franklin D. Roosevelt made the banking system of the United States stable once again, when he issued banks in the United States to be closed, and reopened those who had only sufficient money to run as Banks.

How did FDR make the banking system stable again?A. He had the government take over the banks.B. He closed all banks and made people bank with the post office.C. He closed all banks and only reopened those with enough money.D. He made all banks issue daily reports.

How did FDR make the banking system stable again?

A. He had the government take over the banks.

B. He closed all banks and made people bank with the post office.

C. He closed all banks and only reopened those with enough money.

D. He made all banks issue daily reports.