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The New Deal
Beginning of essay
During the 1930's, America witnessed a breakdown of the Democratic
and free enterprise system as the US fell into the worst depression in
history. The economic depression that beset the United States and other
countries was unique in its severity and its consequences. At the depth of
the depression ....
Middle of essay .... of the National Industrial Recovery Act. The NRA permitted
businesses to draft "codes of fair competition," with presidential
approval, that regulated prices, wages, working conditions, and credit
terms. Businesses that complied with the codes were exempted from
antitrust laws, and workers were given the right to organize unions and
bargain collectively. After that, the government set up long-range goals
which included permanent recovery, and a reform of current abuses.
Particularly those that .... |
Number of words: 839 |
Approximate pages: 4 |
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