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Roosevelt's Long Term Solutions To The Great Depression

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A major priority of Roosevelt’s long term solutions to the Great Depression was reform, to reform the financial and banking system. The economy began to collapse due to many factors such as the Wall Street Crash which had a major impact on banks becoming insolvent; large numbers of savers began to withdrawal their savings and deposits all at once due to the banks becoming bankrupted and unreliable as It was estimated that around 4000 banks failed during the year

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