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The Great Depression Acts (Agriculture Adjustment Act- a major deal…
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Wagner Act
its main purpose was to establish the legal right of most workers, excepting agricultural and domestic workers to organize or join labor unions and to bargain collectively with their employers
it was the most important piece of labor legislation enacted in the united states in the 20th century.
Social Security Act-
The main stipulation of the original Social Security Act was to pay financial benefits to retirees over age 65 based on lifetime payroll tax contributions.
signed into law by President Franklin D. Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans.
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Banking Reform
it is a UK Government proposal aiming to impose higher standards of conduct on the UK’s banks. It also looks to improve their loss-absorbing capacity and outlines plans for the ring-fencing of retail and wholesale banking activities.
the UK Government put new rules in place to protect the economy and taxpayers, in case something similar happens again.
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