answersLogoWhite

0

ANSWER

He set up the Reconstruction Finance Corp. to bring federal aid to hard pressed banks and businesses. Just as it seemed that this might work and that recovery was at hand, in the winter of 1932-33 the banking system in America went into a tailspin. On March 4, 1933, the American banking system ground to a complete halt.

* Finance public works programs

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Who was the leader who called for rugged individualism during the Great Depression?

Herbert Hoover I believe because he took no action toward the Great Depression.


Did hoover freeze wages during the Great Depression?

President Hoover created pro labor policies during the Great Depression. The labor policies that were created froze wages and increased production.


When did Hoovervilles occur?

during the great depression and when herbert hoover was president


What was built during the great depression?

Hoover DamGolden Gate Bridge


Who had power in the US during the great depression?

Herbert Hoover was president.


What did not occur during the great depression?

the Hoover administration created jobs


Who was the president in power during the Great Depression?

Herbert Hoover was President when the Great Depression began. Franklin Roosevelt was President when the Depression ended.


What major events happen during Herbert Hoover's term?

The stock market crash (1929) that began the Great Depression.


What countries where affected in the great depression and What 2 presidents took place during the great depression?

2 presidents were Hoover and Roosevelt


Who was the president during early depression?

Franklin Delano Roosevelt was the United States president during the Great Depression.


What were hoover blanket?

during the great depression, the omeless used old newspapers as blankets. There became known as "hoover blankets" after the United States president Herbert Hoover.


Shanty towns that sprang up during the Great Depression were popularly known as?

They were called Hoovervilles, after President Hoover. Many people blamed President Hoover for the Depression.