Answers EAP-Virginia and US History B CR Roaring Economy to Great DepressionQuestion 3

3

AssignmentMultiple Choice

Roaring Economy to Great Depression

Question 3 • EAP-Virginia and US History B CR

Why was banking reform an important first step in the New Deal?

Answer

A

It prevented another financial collapse.

B

It forced banks to lend money to people who were hit hardest by the Great Depression.

C

It increased people’s confidence in the government’s ability to control the economy.

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