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No, he Prolonged it.

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12y ago
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Q: Should FDR be given as much credit as he is given in ending The Great Depression?
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Related questions

How should you end your Great Depression story?

How about "And that was my story on the great depression."


Was Franklin D. Roosevelt capable of ending the great depression by himself?

no


What major world event os credited with the ending of the great depression?

The war


What are the background causes of the Great Depression?

overspeculation, expansion of credit, debt, high tariffs


Why wasn't Herbert Hoover's approach to ending the Great Depression successful?

He was voted out of office before his plan could work. It takes some time to end a great depression.


Was there credit back in the 1930's?

Yes, but unfortunately that had also helped create the great depression.


Is it true that the great depression was cuased partly by overexpansion of credit and excessive comsumer debt?

Yes


How did people end the Great Depression?

A redistribution of wealth from the upperclassman to lowerclass, and government spending due largely to the build up for world war two were the main reasons for the ending the great depression


How did buying stocks on credit contribute to the Great Depression?

When stock prices fell, people did not have the money to cover their losses.


What role did WWll play in ending the Great Depression?

Only when the nation began to prepare for World War II, along with massive purchases of American goods from abroad (and American rearmament), did the Great Depression come to an end. By 1939 the economy was on an upswing and by 1940, after war had begun in Europe, the Great Depression was history.


What is one reason the Great Depression began?

Too much speculation


How long did the great depression?

If the question refers to the US, about ten years, for most if not all of the 1930's. Even if the Stock Market Crash of 1929 could be universally agreed upon as the beginning of the Great Depression in America, its ending is even more difficult to tack down as recovery was very gradual. Some may choose to regard the attack on Pearl Harbor in 1941 as the official ending of the Great Depression in the US. The economy was already much improved by then, but it was vastly and immediately pumped up by the shift to wartime production.