The Emergency Banking Relief Act of 1933: Definition & Purpose

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The EBRA aimed to address what problem?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What was the 'bank holiday'?

2. What is the FDIC?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

To pass this quiz, you should know about the focus and outcome of the Emergency Banking Relief Act (EBRA) of 1933 as well as other critical actions that were taken during this time.

Quiz & Worksheet Goals

Use these assessment tools to gauge your knowledge of:

  • Concept of the 'bank holiday'
  • Goal of the Glass-Steagall Act
  • Purpose of the FDIC

Skills Practiced

Students can use these skills:

  • Making connections - link your understanding of 1929 with key measures that were taken to address the problems
  • Information recall - access the knowledge you've gained regarding bank deposits
  • Knowledge application - use your knowledge to answer questions about the effect of the EBRA

Additional Learning

To find out more, watch the lesson called The Emergency Banking Relief Act of 1933: Definition & Purpose. You'll study the following objectives:

  • Identify key elements of the banking crisis that followed the 1929 stock market crash
  • Recognize President Roosevelt's efforts to stem the panic of the crisis
  • Understand Raymond Moley's important remark
Support