My assigned blog is on sports in the 30's. Need two sources. Projects added to website today. Monday Blog discussion. Tuesday watch a video. Wednesday and Thursday MOP UP operations. Friday Test maybe.
World War II The united states was preventing loans to Germany through the DAWES plan t get Germany back on its feet. But the depression cause the united sates to reduce the payments, that led to the collapse of the german economic system. Which allowed Hitler to rise to power.
FDIC- during the great depression many people were withdrawing their money from banks becasue they were in fear of banks failing and losing their money like many other banks had. Because of this the banking act of 1933 was created under the president franklin roosevelt. This act created the FDIC whih is a corporaion that provides deposits insurance for people using banks that are covered by the FDIC. Deposit insurance makes sure that anyones money that was deposited into any of the covered banks was safe, even if that bank failed and went bankrupt everyones money would still be safe. The FDIC is still around today, and it performs the same service that it did during the Great depression.
FHA- the Federal Housing Administration or the FHA was established in the 1934. It was created to insure loans given to people building or buying houses. The FHA also helped improve living conditions and to give people a straight forward payment plan for their house.
Social Security Act
Wagner Act
Tennesse Valley Authority
Securities and Exchange Commision
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