0
Still curious? Ask our experts.
Chat with our AI personalities
Fran
Blake
BeauAdd your answer:
Earn +20 pts
The reconstruction finance corporation aimed to?
Define the Reconstruction Finance Corporation?
How was the Reconstruction Finance Corporation supposed to battle the depression?
by giving government loans to businesses and banks
What is a good Statement best describes the function of the reconstruction finance corporation?
it authorized loans during the Great depression
What were merchants called that colonies were financed by?
To finance colonies, merchants formed joint stock trading companies, that allowed them to pool resources and share risks. These were the earliest form of corporation. The ventures were high risk, but had the possibility of paying off very well and quickly.
The federal government financed the union war effort by?
The federal government the Civil War in a variety of ways. The first was by the Morrill Tariff, which easily passed in Congress due to the main critics of tariffs, the southerners, no longer coming to Congress. Greenbacks were published and immediately released in 1862, to help finance the war. The government also issued bonds as a revenue generator.
