Monday....
-review-
-Start video project-
Students will be working with a partner(or group of three if needed) to create a video documentary on one of the following topics:
3. Show/Describe the impact that the Stock market Crash and Great Depression had on people's lives
-factory workers/labor unions
-stock market
Questions
1. FDIC, SEC,
U.S Securities and Exchange Commission was established in 1934 to regulate the stock market
Prevented corporate abuse of stock markets
Stock market crash of 1929 started depression
Low stock prices
New deal monitored stock trade more closely than ever to catch abuse and avoid another crash
(FDIC) Federal Deposit Insurance Corporation- granted government insurance for bank deposits in member banks of the Federal Reserve System
(SEC) Securities and Exchange Commission- formed to protect the investing public from fraud in the stock-market, it holds primary responsibilities for enforcing of federal security laws and regulations, also regulated stock and option exchanges. Before the SEC there were the Blue Sky Laws, the main meaning of the laws were similar to the SEC but were mostly ineffective.
Tried to control “financial hierarchy” in an attempt to stop the repeating of the stock market crash of 1929 and the massive bank failures that followed.
http://www.britannica.com/EBchecked/topic/411331/New-Deal
Friday
worked on video
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