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What crisis did Franklin D. Roosevelt help calm with the creation of the Federal Deposit Insurance Corporation (FDIC), explained in the first of his fireside chats?

Answer :

breannlowe2001 breannlowe2001

Today at 11:05 AM

Explanation:

He declared a bank holiday and developed a ranking system for banks. Franklin Roosevelt declared a three-day nationwide bank holiday, combined with the Federal Reserve's commitment to supply unlimited amounts of currency to reopened banks. This effectively created 100 percent deposit insurance

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