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    History A-Level

    Federal response to economic crisis

    What Federal response to economic crisis means in History A-Level, as defined for Pearson Edexcel.

    Definition of Federal response to economic crisis

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    Reference: Pearson Edexcel

    The Reconstruction Finance Corporation lent federal money to banks, railroads and other large businesses, while the Emergency Relief and Construction Act 1932 extended RFC lending to states for relief and public works.
    Pearson Edexcel · Depression and New Deal, 1929–38 (study guide)

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