What Effect Did the Second New Deal Have on the Depression

question 21

Short Answer

What effect did the Second New Deal have on the depression?

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, typically expressed annually.

Three-Year Loan

A loan that is scheduled to be repaid in full, including interest and principal, over a period of three years.

Print Money

Refers to the process by which a country's central bank creates money, often leading to inflation if done excessively.

Federal Government

The national government of a federation, which holds the authority to govern on matters that affect the entire country, such as defense, fiscal policy, and interstate commerce.