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WPA

WPA. Works Projects Administration It was the largest New Deal Agency It employed millions of unskilled laborers Constructed public buildings, roads, operated literacy projects, as well as art and drama. Glass- Steagall Act.

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WPA

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  1. WPA • Works Projects Administration • It was the largest New Deal Agency • It employed millions of unskilled laborers • Constructed public buildings, roads, operated literacy projects, as well as art and drama

  2. Glass-Steagall Act • An act to provide for the safer and more effective use of the assets of banks, to regulate interbank control, and to prevent the undue diversion of funds into speculative operations • Separated investment and Commercial banking (repealed 1999) • Established FDIC (Federal Deposit Insurance Corporation) • Allowed Federal Reserve to regulate interest rates in savings accounts (repealed 1980) • Prohibited a bank holding company from owning other financial companies (repealed 1999)

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