How did the Reconstruction Finance Corporation (RFC) help jump-start the economy?
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First, is there any options I can choose from?
1. The RFC provided mortgage loans for families who lost their homes to foreclosure. 2. The RFC increased the amount of money allocated to construction projects across the country. 3. The RFC gave loans to a variety of businesses. 4. The RFC increased the amount of financing given to public relief efforts
First, I suggest breaking down the name. The RFC, is for Reconstruction. Reconstruction was President Lincoln's plan to rebuild the US after the aftermath of the Civil War. So we know this had construction-related purposes. You can annex #1. This was a corporation and so I doubt they would give loans. So what is left is...What? 2, 3, or 4?
I would say 2 my friend
2. The RFC increased the amount of money allocated to construction projects across the country.
2 was wrong :c
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