... never been seen before, it had a great impact on the United States economy. Many Businesses closed including banks, putting millions of people out of work and creating distrust of the financial industry. The wages for those still fortunate enough to have work fell sharply. Money inflated as the demand for goods ... from suffering, create reforms so that the great depression will never happen again and to recover the economy. Amid the foundation of the new deal, the balance of power moved in between congress and the presidency, with the president picking up more power (Globe Fearon 598-59...

• Word Count: 767
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate