USA HISTORY

THE ROARING 20S 1920 1929

1920S AMERICAN CULTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When FDR closed all the banks and did not allow them to reopen until they were stable
A
Bank closures
B
Bank retreats
C
Bank Holiday
D
Margin Holiday
Explanation: 

Detailed explanation-1: -After a month-long run on American banks, Franklin Delano Roosevelt proclaimed a Bank Holiday, beginning March 6, 1933, that shut down the banking system. When the banks reopened on March 13, depositors stood in line to return their hoarded cash.

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