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How well did the Federal Reserve Banks perform during the Great Depression?
Wiki User
∙ 12y ago
The federal reserve banks did wellduring the depression due to regulations. The bank ended the depression
Wiki User
∙ 12y ago
MeGustaCulo
Individual governors of the Federal Reserve Banks disagreed over policy and were unable to stop the depression. (correct answer)
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When was concrete substituted for limestone in US?
During Federal building projects in 1930 during the economic great depression
What was the most important domestic law of Wilson's administration passed during the first term was?
federal reserve act
Who paid for the Hoover Dam?
It was financed by the Federal Government as a public works project during the Great Depression.
Which term refers to the government spending more money then they took in during the great depression?
U.S Federal Deficit
Before the state and Federal government provided assistance who was providing relief to Americans during the great depression?
local charities
What two mistakes did the federal reserve make during the depression?
Restricted money flow Stopped lendie
How were dollar bills made?
They were made during the Great Depression when Franklin Delano Roosevelt was president. During the depression, the only way to rebuild America was to lend people money. This is when dollar bills were made, called Federal Reserve Notes. This was they way that put the Great Depression to an end. (check a dollar bill and you'll see federal reserve note on the top)
How does the Federal Reserve help during bank runs?
The Federal Reserve provides deposit insurance and acts as a lender to commercial banks.
Who was the chairman of the Federal Reserve during the first decade of the twenty-first century?
Alan Greenspan served as Chairman of the Federal Reserve from 1987 to 2006. Ben Bernanke served as Chairman of the Federal Reserve from 2006 to 2014.
What can the federal reserve do to help a private bank during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money.
Is there any federal reserve bond of 500 million of 1934?
Is there Any Federal reserve bond of 1Billion dollar during second world war??
Who was the US President during the federal reserve act of 1913?
Woodrow Wilson
What describes how the Federal Reserve Bank helps banks during a bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
Who was the chairman of the federal reserve during the decade of the twenty first century?
Ben Bernanke
What best describes how the federal reserve bank helps bank during bank run?
The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money. beeeyotch
Was there a time during the depression that our federal representatives had pay cuts and no benefits?
It was my understanding that twice during the Great Depression, federal pay was cut under political pressure. The last was in 1933. No details as to the magnitude of the cut(s).
What did the Federal Reserve Bank do that actually weakened the economy during the 1930s?
cut interest rates
