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Democracy Tested Unit 3 Test (Semester 2) Flashcards | StudBud
Democracy Tested Unit 3 Test (Semester 2)
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How did the Emergency Banking Act and the FDIC reflect FDR's beliefs about the economy?
A
FDR wanted banks to self regulate -the gov't showed them how
B
FDR believed gov't could stabilize and regulate the economy
C
that banks were doomed to fail unless insured by the gov't
D
FDR had little faith in business so gov't had to step in
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