1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
3 years ago
15

What did franklin roosevelt do to deal with the banking crisis?

History
2 answers:
sammy [17]3 years ago
8 0
As mentioned above the he established the FDIC in 1933, this provided deposit insurance to banks in an attempt to alleviate/prevent runs on banks from worried depositors.

This was part of a greater plan outlined in the Banking Act of 1933 (more commonly know as the Glass-Steagall Act). Apart from setting up the FDIC it also extended federal oversight to all commercial banks and prohibited banks from paying interest on checking accounts.
MakcuM [25]3 years ago
4 0

The New Deal was created to deal with a bunch of problems such as the banking crisis during the Great Depression. The Great Depression affected everyone in many different ways. The rich people had no impact at all and were ignorant of the suffering of others. Almost 40% of the country never faced real hardship during those times. Most people, on the other hand, did face hardship in some way. By the time of Franklin Roosevelt's inauguration in 1933, the unemployment rate was close to 25%. Unstable during the 1930s, it never fell below 14.3% until 1941.


 The Depression changed families in many ways. The divorce rate dropped suddenly and the birth rate dramatically dropped for the first time in the history of America. During the Presidency of Herbert Hoover, families’ income dropping 35% in those four years to $15M, and due to this 1.5M men abandoned their wife’s. Many people had to turn to family and friends for help. Few people turned to the government for help.  


 Many minorities had no to little benefits from New Deal programs. The "last hired, first fired" were the first ones hurt by the job layoffs. In order to save the Democratic Party and pass New Deal legislation, the programs targeted unemployed white males. The New deal provided relief and jobs to many people. Males of color, on the other hand, had to settle for separate low pay or were shut out completely. Since there weren’t enough jobs in the Southwest, for white men, there was an illegal deportation of 400,000 Mexican -Americans. Native Americans had a separate New deal and had some economic and some political recognition.

<span> </span>

You might be interested in
How are the Utah territory and New Mexico territory different from other states and territories?
Cloud [144]

Answer:

well the boundaries of the New Mexico Territory embraced most of the laws that organized both the Utah and New Mexico territories called for slavery.

Explanation:

4 0
3 years ago
Name two tactics that Hitler used to rid Germany of Jews before creating his “Final Solution.”
Zina [86]
One of the major tactics that Hitler used to rid Germany of Jews before creating his “Final Solution” was to eliminate them from public areas. Another was firing almost all Jewish professors. 
3 0
3 years ago
PLZZZZZZZZ HELP!!!!!!!!!!!!!!!
noname [10]

Answer:

i believe it is (TO ACHIEVE MOKSHA AND FREE YOUR SOUL FROM THE CYCLE OF REINCARNATION

Explanation:

7 0
3 years ago
Read 2 more answers
Give me the funniest joke the best one gets brainiest
lidiya [134]

Answer:

One day Maths had a broke up with her girl friend, and from that time he has given us the task to find his X

Explanation:

Stay safe, stay healthy and blessed.

Have a Happy day .

Thank you

4 0
2 years ago
Read 2 more answers
The mythological creatures that could transform into ravens,swans and wolves were called what?
yarga [219]
Skinwalkers is one of them
6 0
3 years ago
Other questions:
  • 1. Describe who the Sikhs are.
    9·1 answer
  • Why did the founding fathers feel the need to replace the Article of Confederation
    10·1 answer
  • Did the revolutionary war happen after the declaration of independence
    15·1 answer
  • The First Amendment protects freedom of
    5·1 answer
  • He chart above shows the progression of early colonial documents that influenced American ideals and values. Which of the follow
    8·1 answer
  • What is the act of identifying relationships between two or more events in<br> history known as?
    15·1 answer
  • Who is in charge of imigration in america?
    8·1 answer
  • What was the first thing that cast doubt on the authenticity of the king being Peter Wilks's English brother?
    6·1 answer
  • How did the new working class of the industrial revolution differ from working classes of the earlier, farm-based economy?
    6·1 answer
  • What does the cartoon step by step by sidney green mean
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!