Flashcards in Roosevelt And The Depression Deck (8):
When did Roosevelt become president?
What was the first part of his time in charge called?
'The Hundred Days'
He did lots to try and solve the depression
What were fireside chats?
He understood the power of the radio and once a week would sit by his fire and talk to the America people on the radio
Why were fireside chats good?
They were very popular and made people trust what he said
What was the banking crisis?
That many banks went bankrupt during the depression
What did Roosevelt do about the banking crisis as soon as he became president?
Closed every bank for four days and introduced the emergency banking relief act
What was the emergency Banking relief act?
Gave the government control over banks and promised that all money would be safe