1. FDR New Deal
... , then reopening the ones seemingly strong enough to survive, while closing the weak ones, and financially aiding those with momentary solvency difficulties. This immediately reinstated Americans trust in the banking system, causing the American people to once again making deposits instead of withdrawals, and thereby eliminating the crisis. This kind of experimental policy-making was typical for Roosevelt ... also failed to succeed. The point was that finally somebody tried to do something at least. For too many years, government officials had sat on their hands and tried to let the cris...
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- Approx Pages: 8