2
AssignmentMultiple Choice

Boom and Bust

Question 2 • Crowley Credit Recovery US History Studies Since 1877 A

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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