The New Deal

New Deal

The \\\\\\\\\\\\\\\"New Deal\\\\\\\\\\\\\\\" was President Roosevelts\\\\\\\\\\\\\\\'s program to pull hte United States out of the Great Depression in the 1930\\\\\\\\\\\\\\\'s The New Deal did not relive the U.S. of the depression but it gave the economy a boost that it needed. This was not the first time that the people of the U.S. herd the words New Deal. President Roosevelt said whrn he was elected in 1932.

When ROseavelt became Presidenr in 1993, allmost all business

were at a stand still. THe stock market crash in 1929 brought the \\\\\\\\\\\\\\\"GoodLife\\\\\\\\\\\\\\\" that most americans had in the 1920 came to an end by 1930. THe depression got wores during the

1930\\\\\\\\\\\\\\\'s . Many banks and small business

closed along with a lot

of factories. Workers lost there homes and farmers lost the land bucause they could not meet there mortage payment. It was etstimated that one in four workers had no jobs.

THE ALPHABET AGINCES

Fedral Deposit Insurance Corparation (FDIC)

FDIC is an independent

insurance agency ran by thee government

that insures almost all U.S. banks and other lenders. It insures all accounst up to 100,000 dollars. it pays off the accounst of insured instatution if it fails or is not bought out by another company. it also helps business

that are beging to fail and will give them advice on how to conduct business in a safe manner so they can get out of the red.

This Paper is not mine it was found in the schools puplic lib. Check for errors

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