Many countries in Latin America were hit hard by the Great Depression. It affected their economy due to their connections with the U.S. Chile, Bolivia and Peru were greatly affected. This led to the fascism and nationalism in the region. Brazil gained her independence and Mexico beefed up its industries. During World War I, they did not participate save for Brazil.
a. fireside chat
b. bank holiday
c. Glass-Steagall Act
d. Federal Securities Act
The correct answer is B. Franklin Roosevelt used the bank holidays, imposed through the Emergency Banking Act, to end the run on bank withdrawals.
The Emergency Banking Act was a law passed by the United States Congress, proposed by President Franklin D. Roosevelt during the Great Depression in the early days of its mandate, on March 9, 1933.
The Law formulated a plan according to which all banks of manifest insolvency were definitively closed, allowing operations only to banks that proved to be sufficiently solvent to sustain themselves. Only the latter could open their doors again after the National Bank Holiday of four days decreed by President Roosevelt from 9 to 13 March 1933.
The law went into effect along with a guarantee from the Federal Reserve to provide funds to solvent banks that could reopen, which in fact caused the federal government to insure 100% of bank deposits. This confidence caused that when the banks reopened on March 13 of 1933, the depositors returned to deposit their funds in these, in sharp contrast with the massive deposit withdrawals that had happened in previous months.
(A) controversy that arose when the election
of 1824 was settled in the House of
Representatives
(B) difficulties that resulted from not having
separate presidential and vice presidential
elections in the electoral college in
the election of 1800
(C) revolution of 1800
(D) one-man, one-vote system of the electoral
college
(E) loss of the 1888 presidential election by
Grover Cleveland to Benjamin Henry
Harrison
Answer:
a- improvements in transportation
Explanation:
B. "Devil on horseback with a gun"
C. "Criminal bandit"
D. "Paramilitary assassin"