January 28, 2010

today we started class by going over the New Deal project, and then went over the New Deal test.the questions i need to answer for the banking act of 1935 is...-year passed-what it specifically did(give examples)-was it successful overall(explain)-is it still around todaymy other topics (100 days and fireside chats) will just be defined in the presentation..............................................................................................................................................................................banking act of 1935more responsible, more responsivereorganized controlcentralized powerstrengthened powers of the Federal Reserve Board of Governors in the field of credit managementtightened existing restrictions on banks engaging in certain activitiesenlarged the supervisory powers of the FDICpermanent deposit insurance maintained at the $5,000 level**need to find when it failed...
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