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Essay

New Deal

Essay specific features

 

Issue:

American History

 

Written by:

Herminia S

 

Date added:

November 15, 2010

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 643

 

Was viewed:

2772 times

 

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Essay content:

In the time of the stock market crash, deposit insurance did not yet exist and without much cash on hand, banks become highly endanger of runs. A run was the result of the depositors becoming fearful of a bank closure and, in return, immediately withdrawing their savings. For the common American, the increasing problem of collapsing banks became an unnerving new development...
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A run was the result of the depositors becoming fearful of a bank closure and, in return, immediately withdrawing their savings. For the common American, the increasing problem of collapsing banks became an unnerving new development. Roosevelt addressed those problems of fear or distrust with the Federal Deposit Insurance Cooperation, or the FDIC...
displayed 300 characters

General issues of this essay:
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