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The Great Depression and //The Banking Crisis// =My Video=

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=The Great Depression and the New Deal= The Great Depression was really was the worse economic slumps in history. People would literally be sleeping on the streets. Big wealthily business men that had invested in the stocks on margin, had lost all of their money. Most of the people in the "Great Depression" where really stuck looking and trying to find jobs. If they didn't find a job, they would maybe starve or men would leave their families because they would not bare the shame of not being able to support their family. Thats how bad the Great Depression was.

The Great Banking Crisis was when people got so scared that they would lose their money in the banks, They would go to the banks a try to take it out. People did not really know how the banks worked. Banks put their money into the stocks. If people come in demanding their money, the banks would really have no way to give it to them. After the people had crashed most of the banks, The Government made a “Bank Holiday.” This bank holiday made it so all the banks in the United States would close for 4 days.

During that four days, the president had a “fireside chat.” The fireside chat made it so the president would go on the radio and tell them himself on how the banks work and how to get them though it. After the four days, Roosevelt had told them everything they really needed to know about the banks. People sent him letters telling him that they are keeping their money in the banks. With people s till  fear of losing their money the Government issued to back up on your bank account up to $200,000 if the bank has failed.


 * What opposition was there to Roosevelt's New Deal? What role did the Supreme Court play in balancing what America needed and what was Constitutionally allowed (see "Roosevelt and the New Deal" page 780)?
 * Re-read Legacy of the New Deal" pages 792-93. What perspectives are there on the effectiveness of the New Deal? How well did it work?

=Reflection= It was not that hard, even though it was only around 3 minutes. If I would had done anything different, I would have liked more time on it. It does not really matter how much time you took on it. It is really how good of information on it. After i had gotten done, I had thought that it was going to be a hard project. It really was not a hard project after all. I only had trouble getting the photos. I had a really hard time getting the photos. If I tried to get a photo, it sometimes would not let me get it. Even though it was a hard project, I still liked it.