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New Deal (recovery (Home Owners Loan Corp.
Gave loans to home owners so…
New Deal
recovery
Home Owners Loan Corp.
Gave loans to home owners so they could pay their mortgages. This prevented people from going homeless and prevented banks from going under.
reform
Federal Deposit Insurance Corporation (FDIC)
Permanent Agency designed to insure depositors money in savings banks. Originally insured up to $5,000 per depositor today it has increased to $100,000.
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Tennessee valley authority helped build dams and even bring electricity by using the tennessee river
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NIRA giving power to small businesses and the government interfered with business later deemed unconstitutional also a bad one
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