Sunday, January 31, 2010

FDR and the New Deal

Read 22-2 and answer the first 3 questions. Then read Chapter 23-1 through page 696 and answer the remaining 4 questions. Please post your answers to your blog. These are due at the beginning of your next class.

1. Describe how people struggled to survive during the depression.
People became poor and hungry. Shanty towns appeared in cities that were poorly made homes where tey scrambled for food. There was a shortage of food because of the dust bowl and people didn't have money because they were in debt and lost everything.
2. How was what happened to men during the Great Depression different from what happened to women? Children?
It was different for men because they were accostomed to taking care of their famillies, many became hobos. Some said women were having an easier time because some worked while some men couldn't find jobs. Women were to ashamed to reveal their hardships. Many children's schools closed and they worked in horendous conditions.
3. Describe the causes and effects (on people) because of the Dust Bowl.
A drought in the early 1930s. The previous decaDE farmers plowed millions of acres of land, leaving no protective layer. Wind scattered the topsoil and dust everywhere. Farm famillies migrated and looked for work.

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)
Relief, recovery, reform
5. What did Roosevelt do during the Hundred Days?
Congress passed more than 15 major pieces for the New Deal.
6. Why were Roosevelt's fireside chats significant?
he said to many people demanded their savings in cash and that banks would fail if they did that so then many people returned it back to the banks.
7. Describe four significant agencies and/or bills that tightened regulation of banking and finance.
Glass-steagull Act reassured millions of bank customers that their money was safe. Repealed 21st amendment raised revenu by taxing alcohol. Federal Securities Act required all corporation's complete information on stocks and made them liable for misrepresentations. securities and exchange commisions regualted stock market and making in unable to "rig" a stock market.

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