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The New Deal
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In 1932 when Franklin D. Roosevelt won the presidency over Herbert Hoover the world was preparing to make tremendous changes. These changes were all for the good of society and helped keep America alive and well. The changes took place in three different aspects of the United States. The economy was affected greatly by and helped reshape the s ....
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....e currency. It prohibited a private hoarding of gold and exporting of gold. In Roosevelt’s second day of term he issued a four-day holiday for the banks. The Treasury Department was directed to reopen the banks if they were relatively sound. It took Congress seven hours to pass the Emergency Banking Relief Act. By closing the banks Roosevelt .... |
| Word count: 1967 |
Page count: 8 |
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