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Dust storms in the Great Plains inflicted heavy damage to crops. The terrain became unsuitable for farming, and many farmers could not pay debt back. Severe droughts also contributed to the loss of crops.
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The crash of the New York Bank was critical. The bank had over $200 million dollars, and it was the single largest bank failure in United States history.
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By May, 1932, about 12-15 million Americans lost their jobs. America lost about 25-30% of its workforce.
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Eventually puts 75% of the nation's closed banks back in business.
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Employs 4 million people to build bridges, hospitals, schools, and airports.
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Roosevelt establishes the Federal Emergency Relief Administration, which gave 5 million dollars in grants to numerous organizations.
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This act controlled the prices and wages of goods and workers.
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Roosevelt passes the Soil Erosion Program, which helped out farmers who suffered from the Dust Bowl.
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The Federal Agricultural Program gave orders to slaughter 6 million pigs. Citizens protested because many of the meat were thrown away.
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Roosevelt creates the Works Progress Administration, employing 8.5 million Americans throughout the nation.
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This Act made price support mandatory for corn, cotton, and wheat to help maintain a sufficient supply in low production periods along with marketing quotas to keep supply in line with market demand.