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How did the president Hoover try to help the country get out of the Great Depression?
The Reconstruction Finance Corporation (RFC) (1932) provided railroads, banks, and other financial institutions with money for loans.
The Glass-Steagall Act (1932) made getting commercial credit easier and released $750 million in gold reserves for additional business loans.
The Emergency Relief and Construction Act (1932) provided funds to the RFC to make loans for relief to the states and included additional money for local, state, and federal public works projects.