it created jobs and provided public assistance.
Wartime industrial production helped the American economy recover from the depression by giving many millions of Americans jobs.
Great depression
The United States and Germany's economies were the slowest to recover from the depression. (Name it.)
It helped Russia's weak economy to recover
The Government helped greatly by providing ration tickets and sums of money but eventually the economy just started to slowly recover.
Wartime industrial production helped the American economy recover from the depression by giving many millions of Americans jobs.
it did not
If you mean how did the World War 2 effect the economy the answer is simple: The US profited greatly. They no longer had unemployment and their economy stabilized after the long depression. The United Kingdom did not recover from the depression as well as the US did so the war economy helped their sluggish economy somewhat but it still took ten more years after the war to fully recover. The European countries were devastated and had to begin again.
Great depression
The United States and Germany's economies were the slowest to recover from the depression. (Name it.)
It was called the "New Deal" and was based on creation of new jobs and industries to revitalize the economy. Not a 100% success and it drew some criticism at the time, but the economy did recover gradually.
G
It helped Russia's weak economy to recover
No. The US and the world's economy began to recover in the late 1930's and WW2 helped put many people back to work.
Franklin Delano Roosevelt's New Deal made many unsuccessful expensive trys to help US economy recover during and even following the Great Depression. Sometimes, there was limited success as in WPA or Works Progress Administration which built many bridges/buildings/roads during 1930s. Once or twice, the "Three Letter Group" head even admitted failure to stimulate the economy. After Dec. 7,1941, Pearl Harbor tragedy, the economy improved due to many man away in the War and the pressing need for war goods/services to sustain the troops, airmen, and sailors in the War. Many women such as "Rosy the Reveter" earned good salaries while contributing their skills to the war effort.
Franklin Delano Roosevelt's New Deal made many unsuccessful expensive trys to help US economy recover during and even following the Great Depression. Sometimes, there was limited success as in WPA or Works Progress Administration which built many bridges/buildings/roads during 1930s. Once or twice, the "Three Letter Group" head even admitted failure to stimulate the economy. After Dec. 7,1941, Pearl Harbor tragedy, the economy improved due to many man away in the War and the pressing need for war goods/services to sustain the troops, airmen, and sailors in the War. Many women such as "Rosy the Reveter" earned good salaries while contributing their skills to the war effort.
The War came on the heels of the depression. England had not fully recovered from the depression. The economy of the United Kingdom did improve with the war by improving employment and wages marginally. The economy did not fully recover until ten years after the war. By then they were able to stop rationing that was carried on long after the war. The GIs had secured jobs and wages improved.