A “bank holiday” was declared by President Franklin Delano Roosevelt (1 Jan 1929 Jahr – 1 Jan 1933 Jahr)

Beschreibung:

The Great Depression resulted in the failure of nearly 10,000 banks during this four-year period. A “bank holiday” was declared by President Franklin Delano Roosevelt to avoid bank runs. This impacted the economy by creating days in the economy when people could take days off work.

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