What was the Ban king Crisis of 1933?

Answer 1

The Banking Crisis of 1933 refers to an extended national bank holiday that occurred between March 6 - March 13 of that year, shortly after President Roosevelt took office. There had been a series of runs on various banks prior to this banking holiday, so the government shut down all of the banks in the country for seven days in an attempt to stabilize the situation and prevent any more banks from failing.