How was the economy during 1939-1945?

Answer 1

The World Economy was bad, with high inflation being the leading effect. But, at the time it became known as the 'Great Depression' in the United States; the world economies where actually getting better. History shows that a group of federal government plans to help end the depression actually made it worse.

Examples of these are:

• President Hoover pasted the Smoot-Hawley Tariff in 1929 which just about destroyed American Agricultural exports
• In 1933 then President FDR's, (Roosevelt), paid farmers NOT to grow corps, this artificially raised the price of these politically selected crops.
• This grew to the U.S. government plowing under 10 million acres of cotton and slaughtering over 6 million piglets in an attempt to raise the price of these product's which by 1935 caused the U.S. to import 36 million bales of cotton and 2 million lbs of bacon and ham.

Actions like these caused people to lose their farm's, job's and caused the U.S. to import products which due to the loss of income caused by destroying and not producing locally, made the products cost more than people could afford. This caused that deeper recession known as the 'Great Depression.'

Answer 2

The U.S. economy was rapidly pulling its way out of the Depression because new jobs were being created to help fuel the need for military supplies around the world.