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Yes, in 1933, Franklin D. Roosevelt signed an executive order that required private citizens to turn in their gold coins, bars, and certificates to the government in exchange for paper currency at the prevailing rate of $20.67 per ounce. This move was part of an effort to stabilize the banking system and stimulate the economy during the Great Depression. The government then raised the price of gold to $35 per ounce in 1934, effectively devaluing the dollar.
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What is the Name of the president during the great depression?
Herbert Hoover and Franklin Roosevelt were the presidents during the great depression.
Who was the preisent during the Great Depression?
Franklin D. Roosevelt
Which statement is trueHerbert Hoover and Franklin Roosevelt were presidents during the Great Depression?
Herbert Hoover and Franklin Roosevelt were presidents during the Great Depression.
How did Americans help the poor during the Great Depression?
President Franklin D. Roosevelt.
Who was the President that helped during the Great Depression?
president Franklin D. Roosevelt
Who was the president during early depression?
Franklin Delano Roosevelt was the United States president during the Great Depression.
Roosevelt's determination did much to bring hope to the US during the Depression?
It is true that Roosevelt's determination raised morale in America during the Great Depression. Franklin D. Roosevelt was the country's 32nd President.
This man was the President of the US during the Great Depression?
Franklin D. Roosevelt(Kaylop)
Who was the president during the Great Depression and World Was 2 in US?
Franklin Delano Roosevelt .
Who was the president in power during the Great Depression?
Herbert Hoover was President when the Great Depression began. Franklin Roosevelt was President when the Depression ended.
What president started the food stamp program?
Franklin D. Roosevelt implemented the unemployment system in response to poor economic conditions and joblessness during the "Great Depression".
Who was the president during the depression of world war 2?
Franklin Deanor Roosevelt (My favorite President)
