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Reconstruction Finance Corporation (RFC), former U.S. government agency, created in 1932 by the administration of Herbert Hoover. Its purpose was to facilitate economic activity by lending money in the depression.
of loans that banks were lending C. to get benefits to the poor immediately D. to get rid of the 'millionaires' dole'. The main purpose of the Reconstruction Finance Corporation was A. to lend money to banks, railroads and other corporations to encourage an economic recovery.