History
History, 17.04.2021 20:00, princessvaeh2625

Plz help! Why were banks the focus of attention early in the First New Deal? The banks had been overlending to people and businesses, causing ripple effects throughout the economy when they could not pay out deposits or collect on loans.
The banks and their employees were the only groups thriving in the midst of the economic downturn and were seen as scapegoats for the widespread suffering of average people.
The banks themselves had caused the stock market crash by withdrawing their investments all at once on the advice of government officials and economic analysts.
The banks were seen as to blame for the economic downturn because throughout the previous decade they had strict and limited lending policies that stifled growth.

answer
Answers: 1

Other questions on the subject: History

image
History, 21.06.2019 22:30, nickp1233
What is the relationship of the letters n. y.l> w. c to the new york infirmary for women and children
Answers: 2
image
History, 22.06.2019 09:30, mimacapa
Germany raced to build the largest navy.
Answers: 2
image
History, 22.06.2019 09:30, ilovemilk1981
Which four excerpts from the poem "a political reverie" by mercy otis warren imply that america was an oppressed and exploited nation? no despot here shall rule with awful sway nor orphan's spoils become the minion's prey; no more the widow'd bleeding bosom mourns, nor injur'd cities weep their slaughter'd sons; for then each tyrant, by the hand of fate, and standing troops, the bane of every state, forever spurn'd, shall be remov'd as far as bright hesperus from the polar star; freedom and virtue shall united reign, and stretch their empire o'er the wide domain. on a broad base the commonwealth shall stand, when lawless power withdraws its impious hand; when crowns and sceptres are grown useless things, nor petty pretors plunder here for kings
Answers: 1
image
History, 22.06.2019 11:00, gervenonbrain
Based on this poster, what conclusion can be made about the u. s. government during world war i? it wanted to boycott trade with enemy nations. it wanted to provide low-cost loans to its allies. it was not able to fully finance the war effort through taxes. it believed the majority of its citizens did not support the war.
Answers: 1
Do you know the correct answer?
Plz help! Why were banks the focus of attention early in the First New Deal? The banks had been ove...

Questions in other subjects:

Konu
Mathematics, 24.02.2020 21:34
Konu
Mathematics, 24.02.2020 21:34