According to roosevelt why is money invested in banks important to the US economy

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History

Claire Riddle

30 January, 19:06

According to roosevelt why is money invested in banks important to the US economy

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Jillian Hatfield · Answer 1

money invested in the banks allowed money to constantly be in cycle. money in circulation is crucial for a good economy. if there is no money going to and fro then there is no money to go to and fro. americans were hesitant to put their money in the banks again but roosevelt started a program which insured amricans that placing money in the bank is safe and insured.