HST 202 Lecture Notes - Lecture 9: Sharecropping, Agricultural Adjustment Act, Benito Mussolini
15 Feb 2017
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Hst 202 week 4 lecture 9. Franklin roosevelt: rich man, different, raised with the idea that bc he"s rich, he"s obligated to make other"s lives better, conscious following in his cousin, theodore roosevelt. Rising on incoming star, nominated to be vice president in 1920: progressive (liberal) Polio, 1921 learn how to overcome struggles. Ny gov, 1928-33: wins and spends 2 terms as gov, great depression is building. Feb. 1933 assassin fires 5 shots at roosevelt, 4 hurt. March 1933, bank crisis: majority of banks reached crescendo where banks were rumored to go out of business, would hurry and withdraw their money from their bank; bank cant recover all withdrawal request. Some people turning to fascism and communism. Emergency banking act close all banks in the united states: holiday for bank. Bank examiners and figure out if the bank is solid or not. Glass-steagall act: firewall: investment, retail, insurance. Established the fdic federal deposit insurance corporation.
