Agricultural Recovery, in the early stages of the depression, farms were making a ton of food. The food they made was more than the american people could buy. Farmers could not profit anylonger because the farm prices fell. They were in debt and they had trouble feeding their families. As a result of this 33% of farmers lost their farms. The Agricultural Adjustment Administration was created. The agency pad farmers to plant less plants and not raise as many animals. This caused farm prices to rise again. Overall I beleive this really did help the farms as farmers could begin to make money again.
There was another problem, hungry. As a result of people that could not pay for food, soup kitckens were created all across the country. This started in 1929 by private charities and churches. In the mid 1930s the state and fedral governments joing the fight against hunger. Kitchens used soup because it was easy to make and by adding water, it creates more soup. Soup kitchens were crucial in the 1930s because if really did support a strong cause and it helped the hunger problem.
The last topic I beleive that changed America is the major reform in the banking industry. Congress passed a Banking Act in 1933. The law invented the Federal Deposit Insurance Coroporation, which guaranteed individual bank deposits up to $2,500. This law helped the public gain confidence in tehe banks. It also stabilized the baking system. Banks were also limited in freedom to trade stocks and bonds. This really helped the baking system for americans. It really played a big role in the economy and overall was a great help.
I like the way you talked about work ethic, good job
ReplyDeleteVery informative! Great moves, keep it up.
ReplyDeletewow this is interesting and informative good jobs
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