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Great Depression Relief

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Great Depression Relief
The first R is relief. The relief efforts in the Great Depression took immediate action to halt the economy’s deterioration. There was a bank holiday declared to calm down the panic and after the bank holiday Roosevelt passed the Emergency Banking Act that closed the insolvent banks and only reopened the solvent ones. Roosevelt soon after passed the Federal Emergency Relief Act that gave immediate help to those that needed it in the form of cash payments. I wish I could get some free money. The second R is recovery which made temporary programs to restart the flow of consumer demand. One of the many acts and recovery efforts was the Agriculture Adjustment Act (A.K.A. the AAA) which taxed food processors and gave the money directly to farmers
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