1930s Great Depression (Regarding Banking) (jan 3, 1930 – apr 20, 1936)
Description:
The Great Depression caused banks to collapse. FDR declared a "National Banking Holiday" where the banks closed. They were only allowed to reopen if they proved they were financially stable.Added to timeline:
Date:
jan 3, 1930
apr 20, 1936
~ 6 years and 3 months