Thursday, May 30, 2019

Essay --

Depression is a prison where you are both the trauma prisoner and the cruel jailer. -Dorthy Rowe. The Great Depression was a hard and sad time for everyone around the 1930s. When President Franklin D. Roosevelt was elected as president, his campaign said, Happy days Are Here Again. He was very hopeful, that in the early part of President Roosevelts campaign he instituted the New Deal to swear out America get back on its feet. The New Deal had two phases phase one and phase two. President Roosevelt established the Federal Deposit insurance policy Corporation, the National Industrial Recovery Act, the Social Security Act, and the Fair Labor Standards Act. President Roosevelt established the Federal Deposit redress Corporation (FDIC), it was established in 1933 to prevent the same losses during the Great Depression when banks became bankrupt and they couldnt give money back to the people. The FDIC provided up to $250,000 in bank deposits. These bank deposits cover for national bank s, state banks that is in the Federal Reserve System, and other qualified banks. In 2007, the FDIC took... Essay -- Depression is a prison where you are both the execrable prisoner and the cruel jailer. -Dorthy Rowe. The Great Depression was a hard and sad time for everyone around the 1930s. When President Franklin D. Roosevelt was elected as president, his campaign said, Happy age Are Here Again. He was very hopeful, that in the early part of President Roosevelts campaign he instituted the New Deal to serve up America get back on its feet. The New Deal had two phases phase one and phase two. President Roosevelt established the Federal Deposit Insurance Corporation, the National Industrial Recovery Act, the Social Security Act, and the Fair Labor Standards Act. President Roosevelt established the Federal Deposit Insurance Corporation (FDIC), it was established in 1933 to prevent the same losses during the Great Depression when banks became bankrupt and they couldnt give money back to the people. The FDIC provided up to $250,000 in bank deposits. These bank deposits cover for national banks, state banks that is in the Federal Reserve System, and other qualified banks. In 2007, the FDIC took...

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