Which of the following organizations did President Hoover create in 1931 to stimulate the economy through federal loans to major businesses in 1931 and 1932?

Question

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President Hoover created the Reconstruction Finance Corporation (RFC) in 1931 to stimulate the economy through federal loans to major businesses in 1931 and 1932. The Works Progress Administration (WPA) was created in 1935 under President Roosevelt to provide jobs to unemployed Americans during the Great Depression. The Economic Recovery Association and National Industrial Recovery Act are not correct as they do not refer to any actual organizations created by President Hoover.

Which of the Following Organizations Did President Hoover Create in 1931