Question

What was one short-term effect of the Emergency Banking Act?

Roosevelt declared a bank holiday.

Commercial and investment banking were split.

Banks began to fail because of ongoing bank runs.

People stopped rushing to banks to withdraw all their savings.

Answer 1

stuck between two choices , either A or D but i'm leaning towards D

Answer 2

@agent0smith

Answer 3

Don't tag me in history.

Answer 4

oh , i'm sorry .

Answer 5

I agree with A.

Answer 6

And it is definitely not B, C, or D. I am actually 100% sure it is A.

Answer 7

I agree with @emyoung0

Answer 8

well i still think it's d because in my notes it says that the bank holiday was passed first then within a week the Emergency Banking Act was passed