January 24,2013

[2Asia]

Elle, Taylor and Brittany's presentation
FDIC
(federal depsit insurance corporation)
It started after the great depression to make sure that the peoples would be safe in the banks if failed again.
6 values
-Integrity
-Competence
-Team work
-Effectiveness
-Accountability
-Fairness
would allow people to ne able to put no more then 250,000 in the bank and it will be secure of the banks were to fail again
if you put more than 250,000 and the banks fail you may not get it back
still around today
SEC
established by rooselvelt
regulates buying and selling(stock market)
sustain a growing economy that produces jobss, improves living standards
(strives) protect investors, maintain fair orderly ans efficent markets and facilitate capitol formation.
Responsibilites
-securites act of 1933
-securitues exchange act of 1934
(and more..)
Stock pool_ pool together, make cheap stock together
buying on margin- borrowing
stock watering- is an asset with an artifcally
Social Security System(1935)
Federal program of social insurance with benefits
roosevelts new deal
Benefits then
- Retirement income
- Disablility
- Dependent
- Unemployment
Benefits now
- Retirement
- Survivors and death benefits
- Disability
- Medicare
Welfare
-British Poor laws
-Migrant workers, people who were committing crimes, elderly, children
-Great Depression-grants to groups
-1996 Personal Responsibilty and work opportunity reconciliation
-Present day welfare
-need to try to find a job
Addtional Affects
-Speculation
2003-2007
-Generation of Fear
-Obama vs. Roosevelt
trillions vs. billions
-Tennessee Valley Authority
- provides navigation,flood control, electricity generation for a region particularly affected.)Tennessee, Alabama, North Carolina, Mississippi.. etc.)
Zack, Brad and Alex went now
Employment
unemployment went down drastically!
Canada-27%
Australia- 29%
Germany-30%
Us-25%
most people did not have jobs
schools, firefighters, police..etc. were not common then.
Germany
had to pay off the war debt from WWI
 Weimer Republic is the democratic government that failed miserably
Hitler rose to power because after the war he was able to give people jobs so they would do anything for him..
United KIngdom
doubled unemployment to 2.5 million people
one of the worst effected countries
citites and towns  went from 70% to 90%
United States
apples were sold for 5 cents, these vendors were common
3,000 unemployed people marched in the ford motor company's plant in river rouge.
Treaty of Versailles and Power
 it took away germanys colonies and made the country pay 33 billion dollars to Britain to France