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OpenStudy (anonymous):
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy? The RFC provided mortgage loans for families who lost their homes to foreclosure. The RFC increased the amount of money allocated to construction projects across the country. The RFC gave loans to a variety of businesses. The RFC increased the amount of financing given to public relief efforts.
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OpenStudy (anonymous):
The RFC was chartered in 1932 and initially made loans to large industries, hoping the effects would help the entire economy. The loans went to state governments, banks, railroads and other businesses.
OpenStudy (anonymous):
So the answer is C?
OpenStudy (anonymous):
@tomorrow
OpenStudy (anonymous):
yes.
OpenStudy (anonymous):
Right! Thanks(:
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