Today we talked about our projects in the beginning of class. Mr. Bruns told us what things we would need to know for our test after everyone presents. He also gave us some tips for our powerpoints that hes said before. Talk loud and clear and project your voice towards the audience. Make eye contact, don't read straight off the powerpoint. Know your information and expand. Two or more sources for each topic. Your presentation should take 5 minutes or longer but not 15 minutes, or it can get boring. Mr. Buns also told us some key topics we will need to know and they are, Hundred Days, Fireside chats, Priming the pump, and Deficit spending.Things to know for the test:What was the New Deal and its goals?Why did people criticize the New Deal?How the New Deal helped:-Banks/business-Home owners-Elderly-Native Americans-Factory workers/labor-Unemployed-Farmers-Young peopleFor the time that we had left today was a work day.When banks were failing at first, some poeple thought it was better for the economy because those banks were supposedly weak and bound to fail even if we weren't in a depression. People didn't expect more and more big and important banks to fail. The Banking Act of 1933 was established because of all of the failing banks at first. Banking Act of 1933 established the FDIC. Banking reforms and controlled speculation. The Glass-Steagal Act for the first time, seperated banks, investment and commercail banking. The FDIC keep America's confidence in our financial system. The FDIC also insures deposits in banks and limits the effect on our economy when banks intuitions fail. An average of 600 banks per year failed from 1921 through 1929.
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