okayy so presentaions todayy.
The New Deal 1933-35
set up many acts.
the three r's
emergency bank act
economy act
beer-wine revenue act.
both democrats and republicans believed in it. it was to get us out of the great depression.
second new deal 1935-38
national labor act.
social security-peoples money backed up. price control
bonus-bill- 1.5-3 million dollars to world war one veterans.
Differences
first new deal is still arond. aimed to keep businesses and banks stocks around
second new deal is not around anymore. it was just to get people back on their feet.
Federal Security Act
help out with stocks so it wouldnt crash. pooling and monopolieswould stop.
get rid of stock fraud. no buying on credit.
Federal Deposit Insurance Corporation FDIC 1933
pays you back your money if the bank shuts down.
created to gain the peoples trust back so they would start using banks again
seperated investment and commercial banking activities.
fire side chats- radio speeches given by roosevelt. 1933-1944.
messages to the people . obama does this one a week.
now we are listening to a firechat on youtube.
help out the stock market because of the stock market crash.
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