Once in office, FDR set to work immediately. His "New Deal," it turned out, involved regulation and reform of the banking system, massive government spending to "prime the pump" by restarting the economy and putting people back to work, and the creation of a social services network to support those who had fallen on hard times.
Between 8 March and 16 June, in what later became known as the "First Hundred Days," Congress followed Roosevelt's lead by passing an incredible fifteen separate bills which, together, formed the basis of the New Deal. Several of the programs created during those three and a half months are still around in the federal government today. Some of Roosevelt's most notable actions during the Hundred Days were:
<span><span>A national bank holiday: The day after his inauguration, FDR declared a "bank holiday," closing all banks in the country to prevent a collapse of the banking system. With the banks closed, Roosevelt took measures to restore the public's confidence in the financial systems; when the banks reopened a week later, the panic was over.22</span><span>Ending the gold standard: To avoid deflation, FDR quickly suspended the gold standard.23 This meant that U.S. dollars no longer had to be backed up by gold reserves, which also meant that the government could print—and spend—more money to "prime the pump" of the economy.</span><span>Glass-Steagall Act: The Glass-Steagall Act imposed regulations on the banking industry that guided it for over fifty years, until it was repealed in 1999.24 The law separated commercial from investment banking, forced banks to get out of the business of financial investment, banned the use of bank deposits in speculation.25 It also created the FDIC[link to "FDIC" passage below]. The effect of the law was to give greater stability to the banking system.</span><span>FDIC: The Federal Deposit Insurance Commission backed all bank deposits up to $2500, meaning that most bank customers no longer had to worry that a bank failure would wipe out their life savings.26The agency continues to insure American deposits today.</span></span>
The American Revolution has been important in world history because it <u>Morons</u>.
Sumner try to make Butler and his position on slavery seem ridiculous by making slavery ridiculous, condemning and demanding a demacation between freedom and slavery.
<h3>Who is Charles Sumner?</h3>
Charles Sumner is an American lawyer who died in 1874. He led the teams of anti-slavery forces who where fighting against slavery during world war.
He makes their position on slavery ridiculous by condemning slavery and demand a demacation between slavery and freedom.
He also accused several of its most powerful advocates of slave trafficking.
Learn more on Charles Sumner here,
brainly.com/question/492472..
Other person i believe is right
Answer:
The Treaty of Versailles
Explanation:
In 1919, a little under a year after a ceasefire was ordered, the countries in the war (besides the Central Powers converged to formulate an armistice to "bring everlasting peace", and form the terms of the peace treaty imposed upon the nations of the Central Powers, including the break up of the German Empire, Austro-Hungarian Empire, and acquisition of many Ottoman Empire territories, forming independent nations, and establishing overseas territories for the victorious nations (think British Palestine, Japanese Qingdao, etc). This was all signed on 28 June 1919.
