Adequately that the farmer the factory worker the

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adequately; that the farmer, the factory worker, the storekeeper, the gas station man,the manufacturer, the merchant—big and small—the banker who takes pride in thehelp that he can give to the building of his community, that all of these can be sure ofa reasonable profit and safety for the earnings that they make, not for today nortomorrow alone, but as far ahead as they can see. I can hear your unspoken wonderas to where we are headed in this troubled world. I cannot expect all of the people tounderstand all of the people’s problems, but it is my job to try to understand all ofthe problems.Unemployment Analysis Questions:1)Based on the chart and FDR’s fireside chats, how would you describe the problems related tounemployment during the Great Depression?
2)The two major solutions outlined in these fireside chats are listed below. Based on the excerptsabove, describe the two solutions to unemployment FDR outlines and how they will helpunemployment:a)Forestry and Flood Prevention Jobs through the CCC -
b)Social Security -
3)How could these fireside chats have inspired confidence in a listener (pay close attention toword choice)? How would you have felt listening to them during the Great Depression?
YearNumber of Bank Suspensions192965919301352193122941932145619334004Source: Bank suspensions are from U.S. Bureau of the Census, Historical Statistics of the United States, U.S. Government Printing Office,Washington, D.C., 1960Excerpt from FDR Fireside Chat about Banking Crisis - March 12, 1933I want to talk for a few minutes with the people of the United States about banking—with thecomparatively few who understand the mechanics of banking but, more particularly, with theoverwhelming majority who use banks for the making of deposits and the drawing of checks. I wantto tell you what has been done in the last few days, why it was done and what the next steps aregoing to be....First of all, let me state the simple fact that when you deposit money in a bank, the bank does notput the money into a safe deposit vault. It invests your money in many different forms of creditbonds, commercial paper, mortgages and many other kinds of loans. In other words, the bank putsyour money to work to keep the wheels of industry and of agriculture turning around. Acomparatively small part of the money you put into the bank is kept in currency—an amount which innormal times is wholly sufficient to cover the cash needs of the average citizen. In other words, thetotal amount of all the currency in the country is only a small fraction of the total deposits in all of thebanks.

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Term
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Professor
Brown

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