Thursday 1/17

We talked about current events: Lance Armstrong, Manti Te'o, Sandy Hook conspiracy, NRA v. anti-gun groupsmore presentations.

#3-the mergency banking act- reopened banks

money was put back into banks

many people started to use banks again

FDR called the first 100 days of his presidency he called "

banking holiday- all banks take a couple days off, the government won't  open the banks until they're safe to  put your money in

Tennessee Valley Authority

Government dams and hydroelectric plants for electric power

hired the unemployment

developed new fertilizers and taught farmers how to improve crop fields

dozens of dams built in this area

agricultural adjustment administration

 reduced the production of staple crops

paid farmers to reduce the amount of crops they planted

reduced crop surplus to raise prices

over 6 million pigs were slaughtered to raise prices

a lot of people didn't like the AAA; they though what they were doing was cruel

it was declared unconstitutional

Farm security administration

gave small farmers money in order to buy farms

dust bowl and drought forced farmers off of their land

FSA provided relief for these people

Federal Crop Insurance Corporation:

improved production and marketing of farm products

started "all-risk" crop insurance

guaranteed a percentage of your crops if they are damaged

works progress administration-

set up a national relief agency and employed over 2 million people

National industrial recovery act- reformed the economy

social security act- established social security

The Indian reorganization act- removed the native Americans for state courts

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