<P> The Reconstruction Finance Corporation ( RFC ) was a government corporation in the United States between 1932 and 1957 that provided financial support to state and local governments and made loans to banks , railroads , mortgage associations , and other businesses . Its purpose was to boost the country 's confidence and help banks resume daily functions after the start of the Great Depression . The RFC became more prominent under the New Deal and continued to operate through World War II . It was disbanded in 1957 , when the US government concluded that it no longer needed to stimulate lending . </P>
<P> The Reconstruction Finance Corporation ( RFC ) was a government corporation in the United States between 1932 and 1957 that provided financial support to state and local governments and made loans to banks , railroads , mortgage associations , and other businesses . Its purpose was to boost the country 's confidence and help banks resume daily functions after the start of the Great Depression . The RFC became more prominent under the New Deal and continued to operate through World War II . It was disbanded in 1957 , when the US government concluded that it no longer needed to stimulate lending . </P>
what was the goal of the reconstruction finance corporation
what was the goal of the reconstruction finance corporation
to boost the country 's confidence and help banks resume daily functions after the start of the Great Depression
to boost the country 's confidence and help banks resume daily functions after the start of the Great Depression