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After the Great Depression, the American business environment underwent significant changes due to the introduction of regulatory reforms aimed at stabilizing the economy and preventing future crises. The New Deal policies, implemented by President Franklin D. Roosevelt, established protections for workers, such as minimum wage laws and labor rights, while also creating regulatory bodies like the Securities and Exchange Commission (SEC) to oversee financial markets. This shift emphasized greater government intervention in the economy, promoting social welfare and economic stability. Additionally, businesses adapted by adopting more conservative financial practices and focusing on long-term sustainability rather than short-term profits.

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2mo ago

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