IDNLearn.com connects you with experts who provide accurate and reliable answers. Ask your questions and receive accurate, in-depth answers from our knowledgeable community members.

What was the purpose of the bank holiday and the emergency banking relief act

Sagot :

Answer:

Bank holiday

Following his inauguration on March 4, 1933, President Franklin Roosevelt set out to rebuild confidence in the nation's banking system and to stabilize America's banking system. On March 6 he declared a four-day national banking holiday that kept all banks shut until Congress could act.

We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.