Question

How did Roosevelt’s election in 1932 essentially put an end to bank runs in the United States?

Answer 1

Answer:

The last wave of bank runs continued through the winter of 1932 and into 1933. ... Roosevelt's words and actions helped to begin the process of restoring public confidence, and when the banks reopened many depositors showed up ready to deposit their currency or gold, signaling the end of the nation's banking crisis.

Explanation:

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Answer 2

Answer:

The last wave of bank runs continued through the winter of 1932 and into 1933. ... Roosevelt's words and actions helped to begin the process of restoring public confidence, and when the banks reopened many depositors showed up ready to deposit their currency or gold, signaling the end of the nation's banking crisis.

Explanation:

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