The banking crisis
- Created by: keishasenior
- Created on: 22-05-14 21:32
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The banking crisis
- During the presidency of Hoover many banks had gone bankrupt as buisnesses were unable to repay their loans.
- This had caused misery for millions of Americans who lost their savings in these banks.
- By the time that Roosevelt had become president most banks in most states were closed and many investors were withdrawing from the banks that remained open.
- Roosevelt closed all banks…
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