the reconstruction finance corporation marked the first time the federal government established an agency to stimulate the _______________ during peacetime. (please help! the great depression confuses me!)
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Ok lol I'm trying to find the answers right now.
Oh okay thank you lol. I tried for like 20 minutes to find the answer and I finally gave up
Haha Ya I've had that problem quite a few times.
Yeah no kidding lol
Okay I can't find the answer you quite need, but I found some stuff that should help a little bit. The Reconstruction Finance Corporation was designed to promote confidence in business. Being a federal agency, the RFC loaned public money directly to various struggling businesses. Some money was also earmarked to provide states with funds for public building projects, such as road construction. So basically, the RFC's purpose was to facilitate economic activity by lending money in the depression.