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How did FDR reform banking, finance & government revenue during the first Hundred Days?

How did FDR reform banking, finance & government revenue during the first Hundred Days?. By Derl Clausen, Eric Hammon , Catherine Burcke. A. Outline. Bank Holiday Banks closed to prevent withdrawals Banking Relief Act Treasury Department inspected banks

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How did FDR reform banking, finance & government revenue during the first Hundred Days?

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  1. How did FDR reform banking, finance & government revenue during the first Hundred Days? By Derl Clausen, Eric Hammon, Catherine Burcke

  2. A. Outline • Bank Holiday • Banks closed to prevent withdrawals • Banking Relief Act • Treasury Department inspected banks • Banks reopened after being checked • Fireside Chats • Talked to New Deal to public • Increased public trust in banks

  3. A. Outline • Glass-Steagall Banking Act of 1933 • Established the Federal Deposit Insurance Corporation • Provided federal insurance for bank accounts up to $5,000 • Federal Securities Act • Required corporations to provide information on stock offerings

  4. A. Outline • Securities and Exchange Commission • Regulated the stock market • Twenty-first Amendment • Roosevelt persuaded Congress to allow the production and sale of some alcoholic beverages • Eventually the Twenty-first Amendment passed, repealing prohibition

  5. B. Definitions Glass-Steagall Banking Act – the law that established the Federal Deposit Insurance Corporation to protect individuals’ bank accounts Federal Securities Act – a law that required corporations to provide complete, accurate information on all stock offerings Securities and Exchange Commission – an agency that monitors the stock market and enforces laws regulating the sale of stocks and bonds

  6. C. Diagram FDR Prohibition Timeline

  7. D. Picture & Cartoon

  8. E. Questions Which of the following was not passed within the first Hundred Days? Glass-Steagall Banking Act Federal Home Loan Bank Act Emergency Banking Relief Act Federal Securities Act

  9. E. Questions Which of the following was not passed within the first Hundred Days? Glass-Steagall Banking Act Federal Home Loan Bank Act Emergency Banking Relief Act Federal Securities Act

  10. E. Questions Which of the following steps were taken toward the passage of the Twenty-first Amendment? Allowing some alcoholic beverages Passing of the Open Saloon Act Passing of the Food, Drug, and Cosmetic Act Gone with the Wind

  11. E. Questions Which of the following steps were taken toward the passage of the Twenty-first Amendment? Allowing some alcoholic beverages Passing of the Open Saloon Act Passing of the Food, Drug, and Cosmetic Act Gone with the Wind

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