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by oliver
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Roosevelts First 100 days
He introduced the Emergency Banking Act gave the government greater powers over banking
Roosevelts First 100 days
The Economy act - Balanced the budget and control government spending and helped to calm fears of many conservatives and restored their confidence.
Roosevelts First 100 days
Farm mortgage asiéntense to help farmers in danger of being evicted
Development of New deal polices and the need for the second New deal
The first new deal was successful, however, there were still a lot of people unemployed and affected by the Great Depression.
Development of New deal polices and the need for the second New deal
First New Deal focused on security, regulation and planned economic development
Development of New deal polices and the need for the second New deal
An element of the 2nd new deal is the Social Security act- brought in a system of unemployed insurance that would ensure some income when a worker became unemployed.
Roosevelts Political strategies (the new deal coalition)
Roosevelt was extremely clever, giving jobs in his government to important and potential supporters.
Roosevelts Political strategies (the new deal coalition)
The millions of people whose bank deposits and lifesaving were scared and grateful to him. Gratitude was a strong factor in voting behavior for his cause.
Roosevelts Political strategies (the new deal coalition)
Roosevelts had to considered which different groups in society could be persuaded to vote democrat in order to ensure Democrat success in the mid term selection.
Reasons for the Roosevelt depression recession (1937-38)
The federal government cut back on public spending in order to move towards balancing the budget
Reasons for the Roosevelt depression recession (1937-38)
The problems which faced the American economy were so serious that even the steps that Roosevelts had taken in both New Deals were insufficient to help.
Reasons for the Roosevelt depression recession (1937-38)
The federal Reserve Bank made banks across the US increase their reserves which meant they lent less money to business