Reconstruction Finance Corporation created

Historical Context Note

Lucas Paul Richert (University of Saskatchewan)

The Literary Encyclopedia. Volume 3.2.3: American (US) Writing and Culture: The Early Twentieth-century , 1900-1945.
Vol. editors: J. Michael Duvall (College of Charleston), Emory Elliott (University of California, Riverside), Dale Enggass (University of Utah), Matthew Hofer (University of New Mexico), Stephen E. Meats (Pittsburg State University), Tony Papanikolas (San Jose State University), Justin Parks (UiT - The Arctic University of Norway), Nick Selby (University of East Anglia)

Domains

Finance

Dates

Date of occurrence 1932-01-22

Places

United States (Location)

Resources

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The Reconstruction Finance Corporation was established on 22 January to stimulate banking and business in the United States. At the time, unemployment stood at 12 million and was rising.

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27 words

Citation: Richert, Lucas Paul. "Reconstruction Finance Corporation created". The Literary Encyclopedia. First published 01 November 2008 [https://www.litencyc.com/php/stopics.php?rec=true&UID=5598, accessed 07 May 2024.]

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