What was one short-term effect of the Emergency Banking Act?
ARoosevelt declared a bank holiday.
BCommercial and investment banking were split.
CBanks began to fail because of ongoing bank runs.
DPeople stopped rushing to banks to withdraw all their savings.
ARoosevelt declared a bank holiday.
BCommercial and investment banking were split.
CBanks began to fail because of ongoing bank runs.
DPeople stopped rushing to banks to withdraw all their savings.