A Four-Day Bank Holiday and Banking Insurance Reform in the U.S Tools of AnalysisThe Four Day Bank Holiday required the stabilization of the U.S. banking system. Tools to analyze this event are:-The banking system in general as an economic entity (the use of non-physical monies, securities, etc) -Scarcity of the monetary supply and how that affected the demand for money as well as the economic
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A Four-Day Bank Holiday and Banking Insurance Reform in the U.S
Tools of Analysis
The Four Day Bank Holiday required the stabilization of the U.S. banking system. Tools to analyze this event are:
-The banking system in general as an economic entity (the use of non-physical monies, securities, etc)
-Scarcity of the monetary supply and how that affected the demand for money as well as the economic impacts of the panic that this created
-The resulting economic impacts of the banking holiday as well as the impacts of Roosevelt’s legislation on the U.S. economy.
Various graphs of the U.S. economy during this time must be analyzed corresponding to the changes in the monetary policy of the banks and the U.S. government. To contrast with this, some consideration of modern banking standards must be given to demonstrate how the policies established by Roosevelt changed U.S. banking and prevented similar problems in the future.
References
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BANK HOLIDAY AND BANKING INSURANCE REFORM 10
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