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Was the Great Depression solved

Updated: 10/26/2022
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13y ago

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No, not really. Many people might say that World War II "solved" it, but that's not really correct. What really happened was that during the war, much of the US (and the world's) manufacturing capacity was dedicated to building tanks, planes, bombs and guns. For four or so years, a private citizen could not buy a new car, or a refrigerator and so on. When the war ended, this pent up demand created a huge market and the economy was back in gear.

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In his 1933 inaugural addresspresident Roosevelt helped Americans see?

That there were solutions to the problems of the Great Depression.


Who came to power in 1933 and immediately solved a banking crisis caused by the Great Depression?

Franklin D. Roosevelt


What was the old theory of how economic depessions should be solved?

Depression should be left to be solved themselves without the Government getting involved in the economy. oh and you misspelled "depression" too. :)


Depression cannot be solved by the willpower to pull oneself out of it?

False


Is depression is a problem that can be solved by the willpower to pull yourself out of it?

The problem of Depression cannot be solved by trying to pull out by will power the same way problem of tuberculosis and diabetes cannot be solved by will power. Depression is a disorder (I call it as Phoenix disorder because the word 'depression' is confused with 'disappointment') that arises due to faulty neurotransmission in the brain and the correct treatment is not use of will power, but taking proper medicines prescribed by doctor.


What was the old theory of how depressions should be solved?

Depression should be left to be solved themselves without the Government getting involved in the economy.


Where did the Great Depression?

Where did the great depression.... WHAT???-The BOLD explainer ;)


What was the old theory of how economic depressions should be solved?

Depression should be left to be solved themselves without the Government getting involved in the economy.


What came first Great Depression or world war you?

WWI was a major cause of the Great Depression.


What were some situations during the Great Depression?

A particular situation was when your penis would fall off because of malnutrition and lack of protien. People needed Viagra, but they couldn't afford of. Fortunatly this problem was solved by strap ons...which are still enjoyed today. There you go one particular situation during the great depression!!!


Why do people hate wars?

People who hate war because they don't know the philosophy of war, what caused war, etc. Before World War II broke, America was in great depression. The war helped America out of the Great Depression. Why? And, still many people are duped to think that Frank Roosevelt solved America out of depression...


Is depression an ailment?

it's just some people that have bipolar issues that can't be solved