ACTS OF 1934

Securities Exchange Act: This act sought to rid the stock market of an epidemic of unfair and dishonest practices. It also created the Securities and Exchange Commission to carry out its regulations.

Trade Agreement Act: This act attempted to end the trade wars brought on by the Smoot-Hawley Tariff, reducing tariffs with other trade nations by mutual agreement. Nonetheless, trade wars would still be the norm around the globe until the advent of real war.

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