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How did the Emergency Banking Relief Act (1933) provide for recovery, the first of Roosevelt’s three Rs?

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Roosevelt attacked the bank crisis first. He closed all banks for four days and pushed the Emergency Banking Relief Act through Congress in just eight hours. This law permitted solvent banks to reopen under government supervision.

User John Elion
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It helped people pay off the loads of debts that they ran up from the easy credit and buying stock ( after the Stock Market crash of 1929)
User MichaelZ
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