
The Great Depression
Short History Of...
00:00
Roosevelt's New Deal
The Gold Reserve Act re-establishes the dollar to gold, but at a rate that was about half of what it had been. Roosevelt's National Recovery Administration compels private industry to work with the government on issues such as working conditions. The effectiveness of other new deal measures are debated to this day. But for the voting public, the successes of the New Deal outweigh its imperfections.
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