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
Which best explains what happens to the money that a consumer deposits into a bank account?
Natali [406]
I think it is the last one the bank reserves part of the money and uses the rest to make loans to others consumers who need them. but I am not sure
6 0
3 years ago
Read 2 more answers
The following passage is an excerpt from Desert Solitaire, published in 1968 by American writer Edward Abbey, a former ranger in
tekilochka [14]

Answer:

Human beings might coexist with the natural world if they protect the nature by minimum use of products which disturb the nature.

Explanation:

There is a great relationship between human and nature. Human cannot live without nature. Nature provides water for drinking, food and other necessity of life. If we save nature we stop species extinction because there are millions of species present in the natural ecosystem. If we disturb the nature by burning of fossil fuels and cutting of trees, many species lost their habitat and the whole ecosystem is disturbed. So far maintaining balance in the nature, the human must take some serious steps such as protect water bodies from harmful substances and grow more trees etc.

3 0
3 years ago
How does India system education work out
Fofino [41]
The school system in India has four levels: lower primary(age 6 to 10), upper primary(11 to 12), high(13 to 15) and higher secondary(17 to 18). The lower primary school is divided into five”standards”, upper primary school into two, high school into three and higher secondary into two. Hopefully this helps you.
6 0
3 years ago
What are modern day guilds called
PilotLPTM [1.2K]
Marxism is what the modern day guild is called.
6 0
3 years ago
Select ALL the correct answers.
Norma-Jean [14]

Answer:

The correct answer is all of the statements.

Explanation:

The Stonewall Rebellion in 1969 was a series of fierce clashes between New York City police and gay rights activists. Approximately 1,000 gay, lesbian, and transgender people have policed ​​in response to a second police raid of the  week at Stonewall Inn, a popular gay bar in Greenwich Village that sold unlicensed liquor. I cursed and threw debris. The police responded with violence. A similar riot broke out the next night, followed by protest rallies. The event is celebrated annually with the celebration of gay pride to commemorate the awakening of gay rights groups across the United States. In 1999, the United States National Park Service registered the Stonewall Inn as a National Register of Historic Places.

3 0
2 years ago
Other questions:
  • HELPPPPP
    6·1 answer
  • Who was the leader of songhai who cane to power in 1493 and appointed Islamic leaders to government positions in order to contro
    5·1 answer
  • Which of the following statements is an example of a historical argument?
    12·2 answers
  • What significant military advantage did the British have over the Americans?
    13·2 answers
  • Which city was not home to archbishops of the early Christian church?
    10·1 answer
  • What classes exist in Central America today
    9·2 answers
  • Name six resources that were used in the creation of export economies around the world.
    14·1 answer
  • Help i’ll give brainliest
    15·2 answers
  • Help me with this plz
    7·1 answer
  • Write at least four countries where there is a monarchical system of governance​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!