The Federal Reserve Board, a special government agency, had been set up in 1913 to prevent depressions and the problems that were associated with it. ... The actions of the Federal Reserve Board explained many problems that led up the Stock Market crash and the other effects of the depression. The Federal Reserve Board watched banks very carefully and thought what was best for the banks, would also be good for America. ... Low market interest rates and low reserve requirements were set by the Board that satisfied the banks. ...

• Word Count: 773
• Approx Pages: 3
• Grade Level: High School

(Gusmorino) This fire was fanned by President Coolidge who lowered the federal tax rates of the wealthy. ... It reduced federal income and inheritance taxes dramatically on the richest one percent.... (McElvaine57) In the Collidge administration money and credit were available to industries for investment thanks to pressure on the Federal Reserve Board to keep the discount rate low. In 1927 the Federal Reserve Board's decision to lower rates one half point to 3.5% which it said was needed to stabilize the pound actually meant more money at home for stock speculation.(McElvaine44) T...

• Word Count: 1346
• Approx Pages: 5
• Grade Level: High School

Stock Market Crash of 1929 Seven decades later, the crash of 1929 is still remembered. A market event that need not have led to economic collapse. This was the year of the great depression and the market crash was...

• Word Count: 771
• Approx Pages: 3
• Grade Level: High School

Roosevelt called for a four-days holiday for all the banks in the USA, including the Federal Reserve, and allowed them to regain stability. After the act passed by the congress, only the banks which were stable could re-open, like the 12 regional Federal Reserve banks. ... What's more, the Federal Emergency Relief Administration was inaugurated on May 22. ... ("The Federal Emergency Relief Administration....

• Word Count: 1027
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

Throughout America's long history, there have been 42 great men who served as president of this nation. However, George Washington, Abraham Lincoln, Franklin Delano Roosevelt, and Woodrow Wilson have emerged as the "Greatest of the Great." Each served as president during a time of great change and ...

• Word Count: 932
• Approx Pages: 4
• Has Bibliography
• Grade Level: High School

The 1930's were grueling for the majority of the American population. However, it wasn't always like this. The decade before was a prosperous time for any American. New technologies were taking places, stock values kept rising higher than ever, and the industry was booming in the United States. Peop...

• Word Count: 629
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School