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  • 02-09-2020
  • History
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What was the bank holiday and why was it needed? *

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yeetusthecleetus
yeetusthecleetus yeetusthecleetus
  • 02-09-2020

Answer:

March 9, 1933), was an act passed by the United States Congress in March 1933 in an attempt to stabilize the banking system. Beginning on February 14, 1933, Michigan, an industrial state that had been hit particularly hard by the Great Depression in the United States, declared an eight-day bank holiday.

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