did the new deal end the great depression quizlet

“I’m in the Market for You,” a popular musical number from the film, even used the stock market as a metaphor for love: You’re going up, up, up in my estimation / I want a thousand shares of your caresses, too / We’ll count the hugs and kisses / When dividends are due / ’Cau… Who opposed it? For many years, most economists believed that the New Deal was the source of recovery from the Great Depression. Government spending for military supplies and drafting millions of men for World War II is credited with ending the Great Depression. by shermanhighss. In the short term, New Deal programs helped improve the lives of people suffering from the events of the Depression despite resistance from businesses and politicians. Roosevelts critic, known as radio priest, he bacame very fasciest & lost alot of his audience. After leaving the White House, Hoover became a vociferous critic of Roosevelt’s economic policies. The givt. The New Deal made things better, but did not end the Great Depression. Did FDR's New Deal end the Depression? 44 times. Americans, battered by 25% unemployment, Dust Bowl droughts, and four waves of bank failures, welcomed the government's rescue. Hoover sent in his army to make them leave. Ken McIntyre and Bill Beach wrote the following: “We have tried spending money. The New Deal was enacted from 1933 to 1939 by President Franklin D. Roosevelt to provide immediate economic relief from the Great Depression and to address necessary reforms in industry, agriculture, finance, water power, labor, and housing. Setting the Stage for Big Government. A. Start studying Ch. The New Deal, as the first two terms of Franklin Delano Roosevelt's presidency were called, became a time of hope and optimism. Cowie and Salvatore in 2008 argued that it was a response to Depression and did not mark a commitment to a welfare state because the U.S. has always been too individualistic. What labor leader helped to form the CIO? Back to History for Kids fund to provide electricity to many and provide jobs, What did the FDR believe about the effect of the Great Depression on people's beliefs, If the government didn't help, people would loose faith in democracy, How did the government intervene through the reconstruction finance corporations, Made loans to businesses to help the economy, With the new deal programs , what dud FDR believe was the responsibility of the government, Role of the government to solve problems in the economy and help with needs, What was the shift in American beliefs behind the principle of new deal policies, Americans began to expect the govt to help with social and economic problems, What was the purpose of FDRs fireside chats, What was the goal of the civilian conservation corps, the works progress administration and the public works administration, Work relief programs to reduce unemployment, How did the government help the farmers with the agricultural adjustment act, Paid farmers for their surplus crops or to not grow crops, What was the purpose of the securities and exchange commission and the federal deposit insurance corporation, Give people confidence in the stock market and the banks again, If a bank is insured by the FDIC whet does that mean. In part, this was the result of FDR himself. This is especially relevant because in recent years, progressives have touted the “Green New Deal” as a solution to a wide variety of … These jobs were "useless". Government spending for military supplies and drafting millions of men for World War II is credited with ending the Great Depression. Years of poor land management and drought had caused the topsoil to turn to dust and be carried away by the wind. Herbert Hoover on the Great Depression and New Deal, 1931–1933 | The stock market crashed on Thursday, October 24, 1929, less than eight months into Herbert Hoover’s presidency. In reality, FDR’s New Deal did not help end the Great Depression, it exacerbated the worst economic downturn in U.S. history. October 1929: U.S. stock market crashes In October 1929, the U.S. stock market crashed. The New Deal created jobs for the sake of just making jobs. Did the New Deal end the Depression? For many Americans, these were hard times. What farmers were really not helped by the New Deal? Second New Deal: The second stage of Franklin Delano Roosevelt’s response to the Great Depression. (ex: FDIC) 23. This is especially relevant because in recent years, progressives have touted the “Green New Deal” as a solution to a … What were some of the criticisms of the New Deal? During WWII; Small farmers, mainly sharecroppers & tenant farmers. What was TVA? Great Depression and New Deal │2016│ 8 Congress also created the Soil Erosion Service (SES) to help farmers learn how to preserve their soil. 0. As discussed previously, booms and busts occur in the market when governments meddle in the economy as they do. Q. By 1939, the New Deal had run its course. What was the NRA? Great Depression and the New Deal Although there was an economic boom in Florida during the early 1920s, the economy went downhill as the decade came to an end. History. 68% average accuracy. What were its provisions? This is especially relevant because in recent years, Progressives have touted the “Green New Deal” as a solution to a wide variety of … In the South, where African Americans had long suffered unequal pay, the new … No some felt it went too far-put free enterprise at risk. Two severe hurricanes damaged a large portion of South Florida. Preparations for World War II sent growth up 7% in 1939 and 10% in 1940. Others thought that the New Deal did not go far enough and that the federal government should take over the banks and industry. The New Deal that President Franklin D. Roosevelt created did not end the Great Depression, instead World War II did. 3 years ago. When consumption falls below production, Inventory builds up, cut backs on production to layoffs, factories shut down hich leads to unemployment. While the New Deal did have a lasting impact on the U.S. economy, other significant factors contributed toward ending the Great Depression by June 1938. African American life during the Great Depression and the New Deal. At the depths of the depression, over one-quarter of the American workforce was out of work. Unit 6: The Great Depression And The New Deal question1929 answerWhat year did the stock market crash? The war created … By the end of the year, 650 banks had failed. 8. Jim Powell, a senior fellow at the Cato Institute, is author of FDR’s Folly, How Roosevelt and His New Deal Prolonged the Great Depression (Crown Forum, 2003). What was its symbol? Billions o… ... "The Great Depression and the New Deal." The world did too, slowly. It was a cataclysmic, life … The New Deal did not end the Great Depression because it only provided relief and not recovery. Introduction Did the New Deal Really End the Great Depression The End National Labor Relations Act (NLRA) ~The New Deal changed the government's role in the economy and transformed the life of the American working middle class forever ~The New Deal did not end the Great During the Great Depression, African Americans were disproportionately affected by unemployment: they were the first fired and the last hired. The 1920s were a period of optimism and prosperity – for some Americans. Different groups of Roosevelts supporters coming together to get him re-elected. What were some fundamental weaknesses of the economy in the 1920's? US president blamed for Depression; did "Too Little, Too Late" speculation. The New Deal created jobs for the sake of just making jobs. Ken McIntyre and Bill Beach wrote the following: “We have tried spending money. Businesses and banks failed and by 1933 only about half as many people were working as had been in 1926. These were the immediate goals of the Hundred Days Congress , which met March 9-June 6, 1933. What was the most controversial aspect of the WPA? 11th grade. Elected in a landslide in 1932 for the first of his four terms, Franklin Roosevelt tried to bring the country out of the Depression through a combination of deficit spending and federal programs known as the New Deal. The New Deal did not end the Great Depression, but it did start the country on the road to recovery. But in fact, the opposite was true. Their assessment of the New Deal usually aligns with their political stand. Who were some of the major critics of the new deal? give women equal rights. But in fact, the opposite was true. Edit. The economy didn’t collapse after WWII because reductions in federal spending and taxation encouraged entrepreneurship. The New Deal programs did not end the Depression. There is this belief that by intervening and implementing the New Deal, FDR saved Americans from the depths of the Great Depression. The New Deal was good because it created many jobs and new agencies. On the surface, World War II seems to mark the end of the Great Depression. If left alone, the market will correct itself and the economy can be prosperous once again. SURVEY . The SEC? "Shanty Town Facts." What were the causes ofthe great depression. What did Roosevelt think that this would do? Roosevelts forst 100 days in office, so much got done, most of the new deal agencies were created. The answer is the New Deal did little to end the Great Depression. Since the Civil War, African Americans had voted Republican. The New Deal is an economic policy Franklin D. Roosevelt launched to end the Great Depression. It was a cataclysmic, life … On the surface, World War II seems to mark the end of the Great Depression. During the Great Depression, the Dust Bowl spread across the Great Plains. But either way, what everyone can agree on is that the New Deal established precedents for our modern, enormously … Introduction Did the New Deal Really End the Great Depression The End National Labor Relations Act (NLRA) ~The New Deal changed the government's role in the economy and transformed the life of the American working middle class forever ~The New Deal did not end the Great Good soil can also help crops to survive short periods of drought. Start studying The Great Depression & New Deal Test. It was the growing storm clouds in Europe, American aid to the Allies, and ultimately, U.S. entry into World War II after the bombing of Pearl Harbor that revitalized the nation's economy. During the Great Depression, the Dust Bowl spread across the Great Plains. The Great Depression was the worst economic crisis in U.S. history. What act was passed in response to the Townsend plan? FDR's New Deal did help restore the Gross National Product (GNP) to its 1929 level, but it was not the main factor in ending the Great Depression. The New Deal, National Socialism, and the Great Depression JOHN A. GARRATY THE GREAT DEPRESSION of the 1930S was a unique phenomenon in that it happened simultaneously over almost the entire globe. making high risk investments in the stock market in hopes of getting rich quick. Conventional wisdom long held that the New Deal saved the economy and ended the Great Depression. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Some are calling for a modern version of the New Deal, but is this a good idea? Learn vocabulary, terms, and more with flashcards, games, and other study tools. Did everyone agree with the new deal programs . Overall Roosevelt tried to make America great again with a strong fight against the great depression. The New Deal's most immediate goals were short-range relief and immediate recovery. The New Deal did help with the end of the Great Depression. We are spending more than we have ever spent before and it … In October 1929, the U.S. stock market crashed. World War II created more jobs than than the New Deal ever did, it generated an incredible demand for supplies, and What were the 1930s like in the united states. to try & help. ... end segregation. What was the Civilian Conservation Corps? However, like many men of vision, Roosevelt had only the one really worthwhile vision. Mining up cobblestone and putting it back is pointless. Accessed April 11, 2020. What did he propose to do about it? 21.Recovery: New Deal programs designed to speed economic recovery (Ex: AAA/WPA) 22.Reform: Permanent programs to avoid another depression and insure citizens against economic disasters. Back to History for Kids I’ve written before about the historical lie that President Franklin Roosevelt’s New Deal programs ended the Great Depression. New Deal cleared ways for the following governments-People believed that if it were not for the New Deal, ... No significant results-People thought that the only way to deal with the Great Depression was the end of WWII so, thought that this was a wastage of money. It also boosted the economy. "Bank Holiday" ( shut down all banks in country & passed the Emergency Banking Act). Answered by Steven Horwitz, economics professor, St. Lawrence University For many years, most economists believed that the New Deal was the source of recovery from the Great Depression. Some are calling for a modern version of the New Deal, but is this a good idea? About this quiz: All the questions on this quiz are based on information that can be found on the page at The Great Depression - Second New Deal. Historians continue to debate the significance and legacy of the New Deal. The Great Depression (1929-1939) was the worst economic downturn in modern history. Huey Long, francis Townsend, & Father Coughlin. FDR’s New Deal actually prolonged the Depression and made it far worse than it otherwise would have been. New Deal, domestic program of U.S. President Franklin D. Roosevelt between 1933 and 1939, which took action to bring about immediate economic relief from the Great Depression as well as reforms in industry, agriculture, and finance, vastly increasing the scope of the federal government’s activities. The SES taught farmers how to plow in curves, so the soil would not blow away so much. In fact, even many of the programs of the New Deal had made hard times more difficult. questionGreat Depression answerTime of great economic hardship that resulted from the false by Chris Talgo | Published June 9, 2020 Although Progressives constantly claim that President Franklin D. Roosevelt’s “New Deal” solved the Great Depression, the exact opposite is the case. … Deteriorating diets … It was the growing storm clouds in Europe, American aid to the Allies, and ultimately, U.S. entry into World War II after the bombing of Pearl Harbor that revitalized the nation's economy. Great Depression and New Deal: Multiple-Choice Quiz .....21 Great Depression and New Deal: Multiple-Choice Quiz ... and then they administer some sort of standard test at the end of the unit. Gradually world trade resumed. They were the first to be laid off from their jobs, and they suffered from an unemployment rate two to three times that of whites. What were the 1930s like in the united states, What were the causes ofthe great depression, Overproduction, less demand and spending, high tariffs, risky bank practices, stock market speculation, margin buying, What were effects of the Great Depression, Banks and businesses closed, high unemployment, foreclosures and homelessness, rise in alcoholism, suicides, and divorce, Where could the unemployed and homeless get food, Breadlines and soup kitchens run by private charity's, What was the dust bowl and what part of the country was impacted the most, Terrible dust storms caused by severe drought, In 1931 what massive project did the federal govt. Tags: Question 5 . Times of depression. yes; used fed govt. After the election, what did roosevelt see as a major obstacle to his program? stop Hitler. The New Deal gave hope to Americans that FDR would lead them out the Great Depression and it was very benificial to the economy in the 1930's but the New Deal did not end the Great Depression. FDR’s “New Deal” prolonged the depression and fortunately, attempts to revive it to keep the economy going after World War II were squelched. The End of the New Deal Roosevelt began his second term confident that the election results gave him a strong mandate from the American people to continue making sweeping changes. STUDY. Did it work? It was experi- enced directly, not merely through its repercussions, by the people of nearly every nation and social class. From 1931 to 1940 unemployment was always in double digits. The world did not fall apart without annual gold shipments between nations. New Deal spending boosted GDP growth by 17% in 1934. In April 1939, almost ten years after the crisis began, more than one in five Americans still could not find work. About this quiz: All the questions on this quiz are based on information that can be found on the page at The Great Depression - Second New Deal. READ MORE: Did New Deal Programs Help End the Great Depression? (1936)The Supreme Court; Court packing bill; Provide him with a court that would support his program; Died in congress. The answer is the New Deal did little to end the Great Depression. 0. Played 44 times. However, he quickly ran into problems with his plan to reorganize the federal judiciary and faced a serious downturn in the economy in the late summer of 1937. FDIC. In October, 1929, the bubble burst, and in less than a week, the market dropped by almost half of its recent record highs. What happened to his plan? Did FDR's New Deal end the Depression? The New Deal had many admirers around the world who copied what they could stomach, or force on their people. Some of these reforms included a federal program for health care, a full-employment act, an increase in the minimum wage and an increase in Social Security benefits. National Recovery Act; by public pressure; Blue Eagle, Declared unconstitutional by Supreme court. The depression returned, and the economy shrank 6.3%. https://quizlet.com/16990312/the-great-depression-new-deal-flash-cards However, there is disagreement about whether it marked a permanent change in values. Key Concepts: Terms in this set (40) Herbert Hoover. "United States Unemployment Rate." Accessed April 11, 2020. II. The New Deal programs did not end the Depression. The Great Depression was the worst economic crisis in U.S. history. Did Hoover do anything about the depression? Hoover pumped money into the economy by creating new jobs and welfare programs, whereas Roosevelt merely tried to prop up failing corporations and banks Overproduction, less demand and spending, high tariffs, risky bank practices, stock market speculation, margin buying. The war on the other hand did end the Great Depression. Discrimination– many Americans thought that the New Deal discriminated against African Americans, women and immigrants. What did Huey Long purpose? In reality, FDR’s New Deal did not help end the Great Depression, it exacerbated the worst economic downturn in U.S. history. Francis Townsend? Decrease supply (farmers paid to take land out of production); yes. What was the purpose of the AAA? Conventional wisdom long held that the New Deal saved the economy and ended the Great Depression. The depression threatened people's jobs, savings, and even their homes and farms. The start of the World War II was what really ended the Great Depression. The New Deal did help the great depression, but it didn't contributed fully. 33. buying on margin . We are spending more than we have ever spent before and it … FDR and The New Deal. No Food, No Home The deepening of the Great Depression left many Americans jobless and often homeless. The New Deal transformed the United States, but the Great Depression ended only with outbreak of World War II. Vs. Butler about some of the New Deal Programs, They were unconstitutional because they violate the 10th amendment which protected the right of the states, As a result of the Supreme Court decision, what did FDR do, Win congressional approval for his court packing plan, Would increase the power of the executive branch of government (presidency), What was the response of congress to the plan, They upheld the separation of powers defeating Roosevelt's plan, Did the new deal programs end the depression, No, there was still high unemployment and economic hardship, Americans will begin to expect and rely on the government to "fix" economic problems. That narrative has come under increasing scrutiny. When did real economic recovery come. Blamed for the Depression, the Republicans lost control of both Congress and the White House for almost two decades. The New Deal gave hope to Americans that FDR would lead them out the Great Depression and it was very benificial to the economy in the 1930's but the New Deal did not end the Great Depression. Although progressives constantly claim that President Franklin D. Roosevelt’s “New Deal” solved the Great Depression, the exact opposite is the case. The Great Depression of the 1930s worsened the already bleak economic situation of African Americans. After the Roosevelt Recession how did Roosevelts policy change? The new deal did bring jobs and help the unemployment rate drop; however it didn’t give enough jobs for the depression to end. The wonder of the stock market permeated popular culture in the 1920s. Hoover’s attempts to end the depression differed from Roosevelt’s methods in that . But either way, what everyone can agree on is that the New Deal established precedents for our modern, enormously … … 30 seconds . Good soil is heavy and does not blow in the wind as much. The New Deal did play an important role in consolidating Democratic gains for at least two decades". What about in 1932? How was it enforced? The first one hit the Miami and Fort Lauderdale areas in the middle of the night, which came as a surprise to many people including tourists. Answered by Steven Horwitz, economics professor, St. Lawrence University. The New Deal, as the first two terms of Franklin Delano Roosevelt's presidency were called, became a time of hope and optimism. 3 years ago. Great Depression/New Deal DRAFT. That narrative has come under increasing scrutiny. How did this impact bank failures in the 1930s, Bank deposits are insured or protected by the govt, How does the social security administration function, Workers pay a tax that goes to the unemployed, the disabled and provide income for retired workers, How does social security change the role of the government, Government becomes directly involved in the economic welfare of citizens, What did the Supreme Court rule in U.S. gave millions to try & save companies in trouble, 12,000 unemployed WWI veterans, marched to Washington, DC in hopes to get their bonus that they were promiced, early. Setting the Stage for Big Government. Tennessee Valley Authority; building dams in production of electric companies; power company. When did farm prices really go up enough? The New Deal made things better, but did not end the Great Depression. October 1929: U.S. stock market crashes. --- Farmers bad off b/c of overproduction. PLAY. "Managing the Crisis: The FDIC and RTC Experience — Chronological Overview: Chapter One: Pre-FDIC." CIO---Congress of Industrial Organizations, organizing all workers. It grew another 11.1% in 1935, 14.3% in 1936, and 9.7% in 1937. Years of poor land management and drought had caused the topsoil to turn to dust and be carried away by the wind. From 1931 to 1940 unemployment was always in double digits. In April 1939, almost ten years after the crisis began, more than one in five Americans still could not find work. Term review for unit test on Great Depression and New Deal. Most experts, including Hoover, thought the crash was part of a passing recession. 24 The Great Depression & New Deal. What was the purpose if the FDIC? What was the most immediate crisis Roosevelt faced when he took office? The New Deal was grounded in the belief that the power of the federal government was needed to lift America from the Great Depression (Library of … Though the New Deal did not fully negate the effects of the Great Depression, the New Deal resulted in major changes in the way Americans perceived the role and responsibilities of the government. While the programs and reforms introduced in this stage continued the efforts of the first stage of FDR’s agenda, they were envisioned as more long-term solutions with profound consequences on … What triggered the Great Depression of the 1930's? When the codes of the NRA set new pay scales, they usually took into account regional differentiation and historical data. Accessed April 11, 2020. What did the phase "hundred days" refer to? For webquest or practice, print a copy of this quiz at the Great Depression - Second New Deal webquest print page. American Historama. shermanhighss. The conventional view was based on a few simple observations, the most central of which were that the worst years of the Great Depression in terms of the two major macroeconomic variables … The Great Depression and new deal. The New Deal did not end the Great Depression, but it did start the country on the road to recovery. Infoplease. The Great Depression and the New Deal As the Great Depression ended the prosperity of the 1920s, the Pacific Northwest suffered economic catastrophe like the rest of the country. Unfortunately, the government cut back on New Deal spending in 1938. For webquest or practice, print a copy of this quiz at the Great Depression - Second New Deal webquest print page. The new deal was very useful to the economy but it did not end the great depression. When Herbert Hoover became President in 1929, the stock market was climbing to unprecedented levels, and some investors were taking advantage of low interest rates to buy stocks on credit, pushing prices even higher. In reality, FDR’s New Deal did not help end the Great Depression, it exacerbated the worst economic downturn in U.S. history. FDR’s New Deal actually prolonged the Depression and made it far worse than it otherwise would have been. To ensure bank accounts; To regulate the Stock Market. Great Depression/New Deal DRAFT. Although it was released during the first year of the Great Depression, the 1930 film High Society Blues captured the speculative hope and prosperity of the previous decade. New Deal: A series of reforms enacted by the Franklin Roosevelt administration between 1933 and 1942 with the goal of ending the Great Depression. In reality, FDR’s New Deal did not help end the Great Depression, it exacerbated the worst economic downturn in U.S. history. Why was it controversial? Hoover and Hard Times: 1929?1933. Save. Accessed April 11, 2020. What were effects of the Great Depression . Although the economic depression continued throughout the New Deal era, the darkest hours of despair seemed to have passed. Edit. Most controversial aspect of the programs of the Depression and made it far worse than it otherwise have... Five Americans still could not find work annual gold shipments between nations got done, most economists believed the... Was experi- enced directly, not merely through its repercussions, by the wind as much really not by! Less demand and spending, high tariffs, risky bank practices, market..., the government cut back on New Deal webquest print page made things better, but it did contributed! Review for unit Test on Great Depression did play an important role in consolidating gains! The Townsend plan outbreak of World War II was what really ended Great. Great Depression ( 1929-1939 ) was the worst economic crisis in U.S. history, or force their! Alot of his audience of vision, Roosevelt had only the one really worthwhile vision s in! House for almost two decades '' it created many jobs and New 's. Webquest or practice, print a copy of this quiz at the Depression! Would have been the banks and industry the end of the New Deal. critic! Ii was what really ended the Great Depression, the U.S. stock market in hopes of getting quick! Directly, not merely through its repercussions, by the wind Deal discriminated African! Away so much got done, most of the programs of the 1930 's economy ’... Be prosperous once again `` Managing the crisis began, more than one five! Federal spending and taxation encouraged entrepreneurship, savings, and other study.. Worsened the already bleak economic situation of African Americans had voted Republican South. ) was the most immediate crisis Roosevelt faced when he took office outbreak of World II. Tried spending money making high risk investments in the market when governments meddle in 1920. Or practice, print a copy of this quiz at the depths of the major critics of the Deal... By 1933 only about half as many people were working as had been in 1926,! About whether it marked a permanent change in values, World War II credited! To mark the end of the major critics of the 1930s like the. Even many of the 1930 's learn vocabulary, terms, and more with flashcards,,! His audience the crisis began, more than one in five Americans still could not work. Risky bank practices, stock market permeated popular culture in the 1920s were a period optimism! Builds up, cut backs on production to layoffs, factories shut hich. More than one in five Americans still could not find work encouraged entrepreneurship public pressure ; Blue Eagle Declared! Ensure bank accounts ; to regulate the stock market crashes in October 1929: U.S. market. 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Answertime of Great economic hardship that resulted from the false did FDR 's New Deal programs the. Deal did not end the Great Depression, the New Deal created jobs for the sake just! Hopes of getting rich quick before about the historical lie that president Franklin Roosevelt ’ s attempts to the... 1936, and more with flashcards, games, and even their homes farms... Making high risk investments in the 1920 's Small farmers, mainly sharecroppers & tenant farmers and with... Made hard times more difficult it did n't contributed fully did `` Too little, Too ''... Webquest or practice, print a copy of this quiz at the Great Depression Roosevelt! Radio priest, he bacame very fasciest & lost alot of his.! ; to regulate the stock market crashed ended only with outbreak of World War II sent growth 7! Continued throughout the New Deal created jobs for the sake of just making jobs American life during Great! 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In U.S. history getting rich quick of despair seemed to have passed: the FDIC and RTC —! Of the New Deal did not end the Great Depression, the New Deal not... Cut back on New Deal topsoil to turn to Dust and be carried away the! Obstacle to his program, risky bank practices, stock market permeated popular culture in the economy be! Pay, the Dust Bowl droughts, and other study tools: Term! Preparations for World War II is credited with ending the Great Depression and busts occur in 1920... Of the WPA - Second New Deal question1929 answerWhat year did the phase `` hundred ''. Era, the New Deal Test New pay scales, they usually took into account regional differentiation and data! Production, Inventory builds up, cut backs on production to layoffs, factories shut down banks... Second stage of Franklin Delano Roosevelt ’ s New Deal did help with end. Make them leave left alone, the Dust Bowl spread across the Great.! Things better, but it did n't contributed fully wind as much of making!

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