EmergencyBankingAct

 Cory Stein

 

PS: For This Class ;)

Hello, I'm Cory. I'm here to teach you, fellow students about Emergency Banking Act

 

The Purpose  of the Emergency Banking Act is provided for the reopening of the banks as soon as examiners had found them to be financially secure. This helped the banks to reopen and help the economy. Since this act helps the banks reopen then it also helps the people that need money or put money in for savings.This Program started 1933 and hasn't ended.

There is this one game that relates to the Emergency Banking Act and That game is monopoly 

 

This Act has not ended. This Act still helps us by

 

letting people put money in the banks when they

get paid.

 

 

 

Inauguration and declared a four-day banking holiday that shut down the banking system, including the Federal Reserve. The legislation, which provided for the reopening of the banks as soon as examiners found them to be financially secure, was prepared by Treasury staff during Herbert Hoover’s administration and was introduced on March 9, 

  • Franklin was an only child of very wealthy parents; 
  • Franklin related to President Theodore Roosevelt
  • Franklin was also related to his own wife. Eleanor Roosevelt was Theodore Roosevelt’s brother’s daughter. 
  • Franklin also reportedly had a hard time adjusting to school. He was taught at home on the family estate until the age of 14, when Franklin was sent to prep school at Groton.
  • College student Roosevelt was average academically, but very, very active socially. He was editor of the college newspaper, graduated in three years, and later passed his bar exam
  •  Franklin entered politics as a Democrat. His famous relative, Teddy, and many other Roosevelts were Republicans. 
  • Roosevelt ran for president in 1932,
  • Roosevelt contracted what was diagnosed as polio in 1921 while on vacation in Canada. He was paralyzed from the waist down ever since.
  • An FDR diagnosed with Guillain-Barre would have little to gain over one diagnosed with polio due to a deficit in possible treatments, the article concluded.
  •  Roosevelt’s condition as polio, the eventual attention to the illness saved countless lives. As president, Roosevelt championed efforts to wipe out polio in programs like the National Foundation for Infantile Paralysis and the March of Dimes.

Unemployment-up

Government spending-Up

GDP-Up

Role Of Government-Up