One of the important events during his presidency was the establishment of the Federal Deposit Insurance Corporation. As part of FDR's New Deal Programs that encompassed his strategies of Relief, Recovery and Reform to combat the problems and effects of the Great Depression. 1929-1945: Depression & WW2. Start studying The New Deal-FDIC. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Start a free trial of Quizlet Plus by Thanksgiving Lock in 50% off all year Try it free. What did the FDIC do in the New Deal? Banking Act of 1933: One of the major pieces of legislation that impacted the U.S. As part of the New Deal was the Banking Act of 1933. Also known as the.

Fdic New Deal Meaning

Definition and Summary of the FDR New Deal Programs
Summary and Definition: The FDR New Deal Programs were a series of measures that aimed at achieving Relief, Recovery and Reform to combat the effects of the Great Depression. When Franklin D. Roosevelt assumed the presidency on March 4, 1933 more 12 million Americans were unemployed (25% of the population) and over 1 million were destitute and had been made homeless. The diverse list of FDR New Deal Programs provides an insight into the various problems that had to be addressed to counter the devastating effects of the Great Depression together with the series of droughts which had led to the Dust Bowl and the plight of American farmers. Various laws were passed which enabled the establishment of relief programs and 'alphabet soup agencies' to be established such as the AAA, CCC, PWA, TVA, SEC, FCS and the FERA.

Why Was The Fdic Created

New Deal Programs
Franklin D Roosevelt was the 32nd American President who served in office from March 4, 1933 to April 12, 1945. One of the important events during his presidency was the establishment of the New Deal Programs.