A couple years ago, the economy crashed and people were comparing it to a new depression. However, it was not even close compared to the catastrophe the Great Depression caused: Millions out of work, banks closed, Hoovervilles formed, savings lost, the stock market crashed, et cetera. The U.S. government did an effective job of handling the stock market crash and the depression that followed. The New Deal restored faith in the economy and helped families recover, the U.S.A’s entry into WWII brought the economy to prosperity, and the use of Keynesian economics by the U.S. government brought us out of the Great Depression. One of the key aspects of the recovery initiated by the U.S. government was the New Deal. It is arguably one of the most
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They employed over 2 million men, ⅓ the population of Wisconsin today. The government boosted the economy, brought down unemployment, and helped the environment. All in all, the government revived the economy thru the New Deal. Some major programs that helped were: the Social Security Act of 1935 (which helped older folks to not rely on their children), the Agricultural Adjustment Act (which restored America’s agriculture), and the Civilian Conservation Corps (which employed many adult men). The Great Depression ended with the help of the New Deal and other various …show more content…
The whole of America was directed towards the war effort. Every able hand was taken in this great project and rose the economy to unseen levels as said in “A New Deal for America: The New Deal, an Overview” by Akab Brinkley, “World War II, for all the horror it created, would do what Roosevelt’s New Deal policies had never been able to do: end the Great Depression and usher in a period of vigorous economic growth.” (Brinkley). Even though FDR’s New Deal was very effective at reducing unemployment and rising out of the Great Depression, WWII brought the U.S. into a time of prosperity. All of the country was focused on war and production. The men were drafted and sent to the European or Pacific front while the women worked in the factories producing ammunition, tanks, guns, and planes. Children would gather scrap metal and sell it to the government. This and the fact that the Allies won the war lead to a time of extreme economic growth. Secondly, the role of women during the war helped the economy to grow tremendously. They worked away at the factories and produced many military supplies. Marc Miller in “Working Women and World War II” asserts that this brought unemployment down and helped the economy, “The war [World War II] led to a dramatic rise in the number of women working in the United States; from 10.8 million in March, 1941 to more than 18 million in
They employed over 2 million men, ⅓ the population of Wisconsin today. The government boosted the economy, brought down unemployment, and helped the environment. All in all, the government revived the economy thru the New Deal. Some major programs that helped were: the Social Security Act of 1935 (which helped older folks to not rely on their children), the Agricultural Adjustment Act (which restored America’s agriculture), and the Civilian Conservation Corps (which employed many adult men). The Great Depression ended with the help of the New Deal and other various …show more content…
The whole of America was directed towards the war effort. Every able hand was taken in this great project and rose the economy to unseen levels as said in “A New Deal for America: The New Deal, an Overview” by Akab Brinkley, “World War II, for all the horror it created, would do what Roosevelt’s New Deal policies had never been able to do: end the Great Depression and usher in a period of vigorous economic growth.” (Brinkley). Even though FDR’s New Deal was very effective at reducing unemployment and rising out of the Great Depression, WWII brought the U.S. into a time of prosperity. All of the country was focused on war and production. The men were drafted and sent to the European or Pacific front while the women worked in the factories producing ammunition, tanks, guns, and planes. Children would gather scrap metal and sell it to the government. This and the fact that the Allies won the war lead to a time of extreme economic growth. Secondly, the role of women during the war helped the economy to grow tremendously. They worked away at the factories and produced many military supplies. Marc Miller in “Working Women and World War II” asserts that this brought unemployment down and helped the economy, “The war [World War II] led to a dramatic rise in the number of women working in the United States; from 10.8 million in March, 1941 to more than 18 million in