Hard Times; an Oral History of the Great Depression - Study Guide Book 3: Concerning the New Deal, An Unreconstructed Populist, Peroration Summary & Analysis

This Study Guide consists of approximately 29 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Hard Times; an Oral History of the Great Depression.
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The third book of Hard Times is concerned with the establishment of the 1930's. Concerning the New Deal looks at in the Roosevelt administration. Terkel interviews people in and around the administration and covers a large succession of events, from planned farm communities to the Bank Holiday.

The Bank Holiday is covered at the beginning of the chapter with Gardiner Means, who works under Henry Wallace. The Holiday was intended exclusively as a salve to prevent a run on failing banks. By closing them down and allowing the healthy ones to reopen in a couple days, the Roosevelt administration tacitly guaranteed people's savings. Means points out that laissez-faire economic policy basically ended with the Crash; government committed to take part in the process.

C.B. (Beanie) Baldwin, another aid...

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This section contains 644 words
(approx. 2 pages at 400 words per page)
Buy the Hard Times; an Oral History of the Great Depression Study Guide
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