Monday, February 1, 2010

FDR & the New Deal

1. Describe how people struggled to survive during the depression.
People struggled to survive during the depression by creating shantytowns, begged, dug through garbage, whent to soup kitchens and bread lines, moved, familial support.
2. How was what happened to men during the Great Depression different from what happened to women? Children?
Men became brocken by the lack of work, and those that weren't speant post of their time loking for new jobs and manny were unable to cope with not being able to support their families. Some were driven to andon their families all together. Women would do things such as mend clothing and can foods so that their famileis would not not have to spend as much money. Also, they could not find work because many didn't beleive that women should work if their husband was unemployed. Children could not be properly nurished and thus suffered many health problems. Also school years were shortened and some young people left on trains to search for work.
3. Describe the causes and effects (on people) because of the Dust Bowl.
The causes of the dustbowl was over farming because of the large influx of money. The effects were widespread poverty, mass exodus's of people, and a lack of food.
Objective: Summarize the initial steps Franklin D. Roosevelt took to reform banking and finance.

4. What was the New Deal and its three general goals? (The 3 Rs)
The new deal was FDR's way to fix the depresion, its goals were releif for the needy, economic recovery and financial reform.
5. What did Roosevelt do during the Hundred Days?
Roosevelt passed over 15 maajor peices of legislation to start the New deal. Some of these focused on banking.
6. Why were Roosevelt's fireside chats significant?
Roosevelt's fireside chats were significant because it was the first use of the radio by a president to talk to the American people, and many felt as though he were talking directly to them and were prone to listen to what he said and act on it.
7. Describe four significant agencies and/or bills that tightened regulation of banking and finance.
One significant bill that tightened regulation of banking and finance was the Glass-Steagall Act which espablished the FDIC. The FDIC provided federal insurences for banck accounts. Another was the Federal securities act which requiered corporations to report on their stock offerings and be liable to missinterpritation. An agency created was the Securities and Exchange commision which regulated the stock market.

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