1) How did the FDIC change public opinion of the banking system?
2)
What
were codes of fair competition?
3)
How
did the HOLC and the FCA help provide debt relief?
4)
Why did
Roosevelt want Congress to establish work programs for the unemployed?
25 comments:
the way the fdic changed the public opinion of the banking system is it greatly increased public condifence in the banking system
4. Why did Roosevelt want Congress to establish work programs for the unemployed?
Roosevelt didn't want to give money to the unemployed to help stimulate the economy. He felt that work skills and self respect could be maintained if people earned their money.
3. How did the HOLC and the FCA help provide debt relief?
To provide debt relief the HOLC bought the mortgage of homeowners who were behind in payments and when people could no longer pay their mortgage the HOLC would foreclose their homes.
The FCA helped farmers re-fiance their mortgages.
Cabrina Howard
Roosevelt wanted Congress to establish work programs for the unemployed because he didnt want to simply give the money to them.
3. HOLC bought the mortgages of many homeowners who were behind in their payments. It also restructured them with longer terms of repayment & lower interest rates.
The FCA helped farmers refinance their mortgages. Over a time period of seven months, the PCA lent four times as much money to farmers as the entire banking system had done the year before.
3. How did the HOLC and the FCA help provide debt relief.
The HOLC bought the mortgages of homeowners behind on payments and restructured them with longer terms of repayment and lower interest rates. The HOLC refinanced 1 out of every 5 mortgages in the United States. The FCA was established to help farmers refinance their mortgages.
Kennay DeShields
3. How did HOLC and FCA help provide debr relief?
The HOLC and FCA helped provide debt relief by the HOLC buying mortgages for people with jibs. The FCA has loans for people to borrow.
How did the HOLC and the FCA help provide debt relit?
HOLC bought the mortgages of many homeowners who were behind in their payment.
FCA lent four times as much money to farmers as the entire banking system had done the year before.
1.How did FDIC change public opinion on the banking system?
It gave them confidence in the banking system because of them protecting the depositers by creating government insurance for them to take out deposits only by a certain amount.
3. The Home Owners' Loan Corp. and the Farm Credit Admin. provided deby relief by helping respectively home owners and farmers. The HOLC bought the mortages of many homeowners to lessen their financial burden and the FCA helped farmers refinance their mortgages. Together, these two companies aided many families.
respectively helping*
Dionnah Lloyd-Erwin
#3- What were codes of fair competition ?
Codes were intended to reduce destructive competition and to help workers by setting minimum wages and maximum weekly hours as well a minimum prices at which products could bye sold .
How did the HOLD and the FCA help provide debt relief?
The HOLC bought the mortages of many homeowners who were behind in theur payments. The FCA helped less efficant farmers keep their land.
Nicole lee
1. The fdic change public opinion at the banking system by providing gov. Insurance for bank deposits up to a certain amount .By protecting depositors in this Way . the fdic greatly increased public confidenCe in the banking system
The FDIC changed public opinion of the banking system by providing government insurance of bank deposits up to a certain amount.
The FDIC changed public opinion by insuring that a certain amount of money will always be protected. The FDIC also allowed the public to have a more positive outlook towards the banks as well as the government.
Jessica osorio
Questions 1
They change the public opinion because the government was fighting to protect the depositers money
President Roosevelt wanted Congress to establish work programs for the unemployed because he wanted the people to have to work for their money and not have it just given to them.
Sydnee Edwards:( I forgot to put my name)
President Roosevelt wanted Congress to establish work programs for the unemployed because he wanted the people to have to work for their money and not have it just given to them.
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