How did Roosevelt deal with the Depression? Flashcards
When did Roosevelt win the election? And in how many states did he win in?
November 1932. He won 42 out of 48 states.
When did Roosevelt actually take office?
March 1933.
What were Roosevelt’s fireside chats? Why did they appeal to the American people?
Roosevelt would broadcast himself talking to the American people on radio. His first fireside chat was 8 days after he took office.
He spoke in a friendly and kind way, earning him enthusiastic support from the American people.
One of the most important effects of the Fireside Chats was?
They gave confidence to the American people who weren’t used to this direct approach. They gave the public CONFIDENCE, Roosevelt assured the American people that he’d fix the banking crisis.
Later that March after Roosevelt took office, what did he do?
Ended Prohibition
What had Americans done that led to the collapse of the banks?
They’d withdrawn all their savings, leading to many banks going out of business because they had no money.
In March 1933, just after Roosevelt took office, what did the Government do the banking system?
They closed ALL banks for a few days.
A few days after the Government shut all banks, what did the Government then do?
They backed over 5,000 banks and reassured the American people that their money was safe, restoring confidence to the American people when these banks were opened again a few days later.
