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new deal

first racoon · 2024-10-27T19:20:51.073649-07:00

the new deal was the u.s. government's huge "oh shit" response to the `great depression` in the 1930s. when the `stock market` crashed in 1929, unemployment hit nearly 25%, banks were collapsing left and right, and people were literally lining up for bread. fdr (`franklin d. roosevelt`), who became president in 1933, rolled out the new deal as an emergency playbook to save the `economy` and calm the chaos.

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