"If banks think they'll succeed at their new locations, in a ridiculously overcrowded market, they're kidding themselves."
Federal Deposit Insurance Corporation
The FDIC's purpose was to provide stability to the economy and the failing banking system.
FDIC// Federal Deposit Insurance Corporation
-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.
- Franklin dropped out of law school. Franklin considered the Social Security Act to be one of his greatest accomplishments.
-He was editor of the college newspaper, graduated in three years, and later passed his bar exam after attending Columbia without finishing his law degree.
- Young Franklin was also related to his own wife. Eleanor Roosevelt was Theodore Roosevelt’s brother’s daughter.
-Franklin won the Democratic nomination for vice president in 1920 with James M. Cox, governor of Ohio.
-Roosevelt made history when he appointed Frances Perkins to his cabinet in 1933. Selected as secretary of labor, Perkins became the first woman to hold a cabinet post in a U.S. presidential administration.
-Franklin considered the Social Security Act to be one of his greatest accomplishments.
-FDR holds the record for the longest-serving American president. In 1944, FDR was elected to his fourth term.
-Roosevelt contracted what was diagnosed as polio in 1921 while on vacation in Canada. He was paralyzed from the waist down ever since.
-1930, Republicans were being blamed for the Great Depression and Franklin Roosevelt sensed the opportunity.
Unemployment Rate// increase
confindence building// decrease
role of government//increased
per capita income// no change
specific popualation groups affected// no change (no impact)
Facts about Franklin D. Roosevelt