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This was the entire start of the Great Depression, and all the stock markets started to crash. Causing many people to have no money or jobs at all.
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the dust bowl was important because it caused farmers to leave their belongs and only take what was necessary and what they could make room for. It made some people lose their jobs as well, and suffer.
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this also brought many job available for men in need of work.
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This created jobs for 5,000 mean who didn’t have them, and its also provide electricity for Las Vegas.
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he implemented his New Deal Domestic agenda in response to the worse economic crisis
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Enacted on August 3, the Trust Indenture Act supplemented the Securities Act of 1933 with respect to debt securities and their public distribution, containing a variety of provisions protecting the holders of debt securities covered by an indenture.
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The U.S. Securities and Exchange Commission opened regional offices in Atlanta, Boston, Chicago, Denver, Fort Worth, New York City, San Francisco and Seattle.
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The Revenue Act, backed by investment management firms, accorded special tax treatment to open-ended mutual funds, which the legislation dubbed "mutual investment companies," making them more attractive to investors.
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IT LED DIRECTLY TO THE END OF THE EAR OF THE AIRSHIP, PROVED EMBRASSING FOR THE NAZIS
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Under the terms of the Maloney Act, the National Association of Securities Dealers registered on August 7 as a self-regulatory organization. By year end, over 2,600 broker-dealer firms joined the NASD
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SEC Chairman William O. Douglas was appointed to the U.S. Supreme Court, forming a solid New Deal majority. He became the longest-serving Associate Justice to date, retiring in 1975
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institutionalized the falling standards of living of the Depression through wage and price controls, and extensive rationing of consumer goods and services.