HIS 106 Lecture Notes - Lecture 14: Federal Emergency Relief Administration, Federal Deposit Insurance Corporation, Civil Works Administration
Document Summary
Reformed banking and boosted the promotion of banks. Fdr: chamring, polio, used radio to communicate with the american people. People feel like fdr is talking directly to him: also why people would directly write to roosevelt. The first new deal: 1933-1934, immediate agenda. If there is a problem, i will fix it immediately. Restore confidence in the bank: established bank holidays, told americans that banks are safe and secure rather than keeping monkey under the mattress, used his fireside chats to speak to americans about thus, installed the fdic. Federal deposit insurance corporation: government program that protects your money. If a bank fails, you are protected for up to ,000. Finding ways to put people back to works: new government programs for jobs, cwa- civil works administration: just provided jobs to people doing something or anything, ccc- civilian conservation corps: put young college aged men to work. Sent young men into the woods and national parks.
