The Great Depression + New Deal 1929-45

Question 1

Walk street crash = Great Depression

Answer 1

Federal reserve no help banks

Hard to obtain a loan

1932 :
-unemployment

Demand for more gov control over business act+people suffering soc/eco

Question 2

Franklin Roosevelt 1933-45

Answer 2

Depression = fault Republicans

Program : NEW DEAL : 1st president gov planning + active intervention of the gov

New commission: Securities and Exchange commission

——> people : jobs in public works + financial help : farmers

Question 3

1935 : SOCIAL SECURITY ACT

Answer 3

Provide financial security against :

• unemployment
• job-regulated accident: pensions

——-> stabilize the eco, regulate commercial institution, demand Am product, soc/eco difficulties

Question 4

Recovery

Answer 4

New deal :
Min level for wages
Max nb of working hours
Expansion labour union