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Saturday, January 30, 2010

FDR & the New Deal

1. Describe how people struggled to survive during the depression.
People were being evicted from their homes and being laid off and they were living in Shantytowns or any piece of junk big enough for them to live in and going to soup kitchens and bread lines to have access to food.
2. How was what happened to men during the Great Depression different from what happened to women? Children?
The men who were accustomed to working were worse off than women because they felt usless that they couldn't get a job or provide for their family. Women were able to make food and clothing for their children and their families. Schools were cut and with out good nutrition children were getting preventable diseases. Kids were also trying to find work and tour the country and deaths rose.
3. Describe the causes and effects (on people) because of the Dust Bowl.
The farmers who had farms lost them because of the dust bowl which didn't allow anyone to grow crops because the soil would fly away. So the farming sector of the economy worsened.
Objective: Summarize the initial steps Franklin D. Roosevelt took to reform banking and finance.
4. What was the New Deal and its three general goals? (The 3 Rs)
The New Deal was FDR's promise to give relief to the needy, economic recover, and financial reform.
5. What did Roosevelt do during the Hundred Days?
In the 100 days FDR passed over 15 laws that would help and benift his new deal.
6. Why were Roosevelt's fireside chats significant?
They made the common people think that Roosevelt was talking to them and informing them himself.
7. Describe four significant agencies and/or bills that tightened regulation of banking and finance.
The Glass-Steagall act of 1933 established the FDIC or thee Federal Deposit Insurance Company which provided insuarnce to banks so if they lost money they could get some to relace it. He persuaded congress to make the 21 ammendment which repealled prohibition. He passed the Federal Securities Act which required all companies to state everything possible about their stock. He also helped make the SEC or Securities and Exchange Commisions which regulated the stock market.

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