Respuesta :
Roosevelt in an attempt to restore the nation's confidence in the banking system, firstly gave a banking holiday to all the banks including the 12 federal Banks a 4 day holiday. After this period the healthy banks reopened and they were given financial support by the government to function properly.
He introduced two acts. The Glass-Steagall Act and the Emergency Banking Act. The first one was supposed to regulate the difference between investment and private banks, while the Emergency banking act reorganized banks and the way that the federal government worked with them and how the federal reserves would be allocated and used in order to fix the problems in banking. When the banks reopened after the banking holidays, they were ready to help people.