Today, once again, we are doing presentations. Today is also my brothers 18th birthday. Ha. Just thought I would share that information with you. Well we continued on our presentations.
How did the New Deal help:
banks/business- The Glass Segal Act is what pretty much started the FDIC. It helped to reform and control banking. This made the individual deposits safer for people because the banks weren’t going to close as much. If a bank failed and you lost all your money they would like pay you a little bit back. It’s still around today. It insures people money in the banks and it put people trust back in the banks.
Key terms:
Hundred Days- FDR’s first 100 days were amazing and now people compare every presidents to his. He passed a ton of bills in the first 100 days.
Today we got through Shelbie and this is because of the shortened class periods and because of the Internet connectivity.
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