Define the Reconstruction Finance Corporation?
by giving government loans to businesses and banks
it authorized loans during the Great depression
banks so they could lend money to businesses to stimulate economic activity
The different approaches to Reconstruction after the American Civil War primarily included Presidential Reconstruction, led by Abraham Lincoln and later Andrew Johnson, which favored a lenient approach to reintegrating the Southern states, and Congressional Reconstruction, spearheaded by the Radical Republicans, which sought to impose stricter terms and protect the rights of newly freed African Americans. Presidential Reconstruction aimed for quick restoration of the Union with minimal changes, while Congressional Reconstruction focused on significant social and political reforms, including the passage of the Reconstruction Amendments. These differing philosophies ultimately led to conflicts over the direction and implementation of Reconstruction policies.
The term used to describe southeastern individuals who supported Reconstruction was "scalawags." Scalawags were typically white Southerners who allied with the Republican Party and supported policies aimed at rebuilding the South and granting rights to freed African Americans. They were often viewed with disdain by other Southerners who opposed Reconstruction efforts.
Reconstruction Finance Corporation ended in 1957.
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy?
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy?
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy?
How did the Reconstruction Finance Corporation (RFC) help jump-start the economy?
reconstruction finance corporation
President Hubert Hoover expected the Reconstruction Finance Corporation to energize the economy and help the Stock Market poll out of its downturn. The Corporation was a huge disappointment.
reconstruction finance corporation
to provide government aid to struggling bankstomas16
reconstruction finance corporation
to provide government aid to struggling bankstomas16
Reconstruction Finance Corporation (RFC)