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Surname 1 Name Institution Course Date The Great Depression Franklin Roosevelt had a great way of dealing with the great depression. It was a time of great financial distress that was not only experienced in America but also in the other parts of the world. When he assumed power as the president of the United States of America, the depression was at its lowest point. He was an enthusiastic man, and thus, he was determined to revive America again. He is remembered for the hope he created in his first one-hundred days of office. Most of the changes he made were through Congress. The congress was supportive of his ideas and was not hesitant to pass bills in their favor. One of the measures that he employed was reviving the banking industry. More than thirty-eight banks had been closed, and unemployment rates were very high (American People 21). A bill giving the federal government more power over banks and the stock exchange was passed with the aim of restoring the banks. This strategy saw an improvement in the banking industry and

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