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The New Deal
Beginning of paper
was a political and social plan that was the presidential campaign platform of Franklin Delano Roosevelt. Although Roosevelt was very vague about what it was and actual measures to be taken while running for president, was the shinning hope for many Americans who had lost their jobs or were living in poverty. After the United States ha .... Middle of paper
.... Congress passed the Emergency Banking Relief Act of 1933, which allowed the government to reopen closed banks, and regulate banking and foreign exchange. The Glass-Steagall Banking Reform Act was later passed in order to form the Federal Deposit Insurance Corporation, insurance to civilians for their banking deposits up to $5,000, which was later raised. These to bills encouraged the public to once again trust their banks, and to deposit mo ....
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Number of words: 1319
Number of pages: 5 (approx. 250 words per double-spaced page)
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