7.1+Devin14du

The Great Depression and The //Banking Crisis//

=My Video=

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=The Great Depression and the New Deal= Write a few paragraphs about the Great Depression. This can be some of what is in your video, but also include an answer to the following questions: The great depression was very devastating. It started in the 1930’s and didn’t end until much later when many people worked hard to correct their mistakes. One of the main effects of it were bank closures. With the stock market crash people were worries for their money and had withdrawn it all. This cause banks to close because people were freaking out and withdrew their money. Banks then couldn’t supply all of their demands. So as the the people withdrew their money. This caused banks to go bankrupt.

The only opposition to the new deal that Franklin Rosevelt had created to help were the people that didn't want them to help. Some of the people that were doing okay by themselves didn't want the government involved in the great depression. Until the great depression started to effect them did they really want the government in on helping the U.S.A recover. The other thing that was against it was the Supreme court. They went through the constitution and found things that they found unconstitutional. With the supreme court not on their side it was very hard for them to continue going with the plans of the new deal.

The New Deal was very effective because it did eventually work for the people. The stocks went up, People got back to work, And times were looking better. I believe that the main thing that help was the bank holiday. It gave us our money back to help other situations. It put back money in our currency for circulation. People were now able to buy things that their families needed and wanted. It was healing our economy slowly but surly. There were also people who disagreed that it worked. They thought that even though many people tried it never got better. The position today with our economy is the same as it was before. They still think more needs to be done to correct our problems. I think it worked very well anyway. It was really the life that snapped our people back into a sense of how delicate our economy is. This cause people to be more careful.


 * 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= Describe in a paragraph or so the process you took to create your video. What were some challenges you faced and how did you overcome them? Be reflective on what you learned.