History
History, 23.02.2021 23:30, kataldaine

Americans regained faith in the banks after President Roosevelt signed the Emergency Banking Relief Act into law because the act A-allowed only healthy banks to remain open, so people believed that banks that passed the act's requirements really were sound.

B- gave people the right to withdraw all their money at any time without a penalty or waiting period.

C-authorized the federal government to immediately deposit $1 billion in banks to guarantee peoples' deposits.

D-required the federal government to pay back in full the customers of any bank that failed.

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