HIS 142 Chapter Notes - Chapter 19-22: Federal Deposit Insurance Corporation, Dawes Plan, Yalta Conference
Document Summary
A corporation created as a result of the 1933 glass-steagall banking reform actto protect individual savings accounts. The fdic eliminated fly-by-night banks that had plagued the south and west for over a century and restored public confidence in the banking system. The fdic was one of the main new deal programs designed to reform the financial sector of the economy. An act passed in 1933 to bar u. s. banks from underwriting stocks and bonds. The act also created the federal deposit insurance corporation (fdic). Relief act, the glass-steagall act was aimed at providing long-term reform. Freedom of speech, freedom of worship, freedom from want, and freedom from fear. Isolationism the 1930s version of americans long-standing desire to avoid foreign entanglements dominated congress. Beginning in 1935, lawmakers passed a series of. Neutrality acts that banned travel on belligerents ships and the sale of arms to countries at war.