we presented #2
#3what did the US government do to help alleviate the problems the Great Depression brought to our country?
Hoover-created the Agricultural Market ACT of 1929-help out farmers
believed local communities should provide relief for unemployment
RFC-agency gave $2billion to small governments and gave loans to banks, railroads, and other businesses(trickle-down theory)
settlements of shack were named "Hoovervilles" to bash Hoover
laissez faire
FDR-lead the country through The Great Depression and WW2
served 4 terms
he helped shape the government to help society
felt it was the government's job to help the American people
started the new deal-an attempt to end the Great Depression and prevent later depressions.
focused on helping businesses and banks
started in 1932
helped end the Great Depression
3 R's relief recovery and reform
high number of acts and administrations addressing the effects of the great depression
Home Owner's Loan Corporation-prevented foreclosures
refinanced home mortgages
The Federal Emergency Relief Administration-provided assistance to the unemployed
provided work
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