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The federal reserve banks did wellduring the depression due to regulations. The bank ended the depression

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13y ago

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What two mistakes did the federal reserve make during the depression?

Restricted money flow Stopped lendie


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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.


Is there any federal reserve bond of 500 million of 1934?

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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.


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?

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What was the purpose of the Federal Art Project during the Great Depression?

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Was there a time during the depression that our federal representatives had pay cuts and no benefits?

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