History Class


More Options: Make a Folding Card

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  • Failing Banks: Steagall Act
  • Unsafe Stock Market: S.E.C
  • Farmers struggle to Get By: Agriculture Adjustment Act
  • I think the Steagall Act is most effective because FDR limited activity and affiliation in banks to stop the unprecedented run on banks and restore public confidence in the U.S. banking system.
  • I think the S.E.C is most effective because FDR enforced that It holds responsibility for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation's stock and options exchanges, and other activities and organizations. Stock market watch dogs.
  • I think the Agriculture Adjustment Act is most effective because FDR reduced agricultural production by paying farmers money not to plant on part of their land and to kill off excess livestock. Its purpose was to reduce crop surplus and therefore effectively raise the value of crops.
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