How did the passage of the Emergency Banking Act and the FDIC reflect Roosevelt’s beliefs about the economy?
Roosevelt had very little faith in business so government had to step in.
Roosevelt believed that banks were doomed to failure unless insured by the government.
Roosevelt believed government could stabilize and regulate the economy.
Roosevelt wanted banks to regulate themselves once the government showed them the way.
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How did the passage of the Emergency Banking Act and the FDIC reflect Roosevelt’s beliefs about the...
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