The lasting imapacts of the great depression
The United states was preventing loans to germany through the DAWES plan to get Germany Back on its feet \But the depression caused the united states to reduce the payments
That led to the colllase of the german econmic system
Which allowed Hitler to rise to power Helpeed the jappenese come to powers
Germnay bured money because it was worthless
FDIC
During the great Depression many people were withdrawing there money from the banks because they were in fear of banks failing, and losing their money like many other banks had
Because of this banking act of 1933 was created under president Franklin Rooseevelt
Deposit insurnce makes sure that anyones money that was deposited ito 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 its perfprms the same service that it did during the Great Deprression
HRe fedral housing admisnistration or The FHA was estblished in 1934
It was created to insure loans given to people building or buying houses
FHA also helped improve living conditions and to give people a straight forward payment plan for their house
Lating agencises Socail security
Wagner Act
Tennesse Valley Authority
Securties and exchange commission
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