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FIRST NEW DEAL
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Was passed by congress slashing government spending by cutting $500 million in schedule payments to veterans and federal employees. FIRST NEW DEAL
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Roosevelt goes on the radio reassuring the country that its banks are now safe. FIRST NEW DEAL
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Gave immediate help to those that needed it in the form of cash payments. (Relief) FIRST NEW DEAL
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Taxed food processors and gave the money directly to farmers as a payment for not growing food. This decreased supply so price would go up.(Recovery) FIRST NEW DEAL
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Created to build dams to provide stable irrigation and cheap hydroelectric power. (Recovery) FIRST NEW DEAL
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Required full disclosure of information related to new stock issues. FIRST NEW DEAL
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A consortium of businesses organized by the government and given the power to set rules and regulations for the economy.(Recovery) FIRST NEW DEAL
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Permanent Agency set up to monitor stock market activity and ensure that no fraud or insider trading was taking place. (Reform) FIRST NEW DEAL
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SECOND NEW DEAL
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Provided long term government jobs building schools and other public works projects. (recovery) SECOND NEW DEAL
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Otherwise known as the Wagner Act it helped unions and thus helped workers. Which enforced labor law and made sure that fair business practices where upheld. (Reform) SECOND NEW DEAL
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Permanent agency designed to ensure that the older segment of society always would have enough money to survive. The key here is that they would then also be able to spend throughout their lives. (Reform) SECOND NEW DEAL
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Laws mandating proper soil maintenance to make sure that another dust bowl was avoided. (Reform) SECOND NEW DEAL
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SECOND NEW DEAL
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Taxed food processors and gave the money directly to farmers as a payment for not growing food. (Recovery) SECOND NEW DEAL