New Deal The ‘New Deal’ was President Roosevelts’s program to pull he United States out of the Great Depression in the 1930’s The New Deal did not relive the U. S. of the depression but it gave the economy a boost that it needed. This was not the first time that the people of the U. S.
herd the words New Deal. President Roosevelt said when he was elected in 1932. When ROseavelt became President in 1993, all most all business were at a stand still. THe stock market crash in 1929 brought the ‘GoodLife’ that most americans had in the 1920 came to an end by 1930. THe depression got words during ten 1930’s. Many banks and small business closed along with a lot of factories.
Workers lost there homes and farmers lost the land because they could not meet there mort age payment. It was estimated that one in four workers had no jobs. THE ALPHABET AGINCESFedral Deposit Insurance Corporation (FDIC) FDIC is an in dependant insurance agency ran by thee government that insures almost all U. S. banks and other lenders.
It insures all account up to 100, 000 dollars. it pays off the account of insured institution if it fails or is not bought out by another company. it also helps business that are being to fail and will give them advice on how to conduct business in a safe manner so they can get out of the red. This Paper is not mine it was found in the schools public lib.
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