The event that happened first is the second one: the Second New Deal began.
The term 'Second New Deal' is used to refer to the second stage of the New Deal programs of the U.S. president Franklin D. Roosevelt<u>. This second stage began in 1935 and it was aimed to redistribute wealth, power and income in order to improve the living conditions of the poor and the farmers</u>. On the other hand, the Fair Labor Standards Act was established in 1938, the recession during Roosevelt's presidency began in 1937 and Roosevelt was elected to a second term in 1936.
The political machines took bribes, controlled contracts, and they embezzled money.
Their organization was very corrupt.
<span>They undermined economic growth, Hope this helps!! :)</span>
here are 5 methods: Issuing bonds,Sales of common stock, Issuing preferred stock,Borrowing or Using profits
