What did the government try to do to stop the great depression?

Answer 1

Franklin Roosevelt Made the New Deal to help the Great Depression to ease out. The Americans cut back on products that was causing overproduction to their company and causing them to raise their cost of items they sold to customers.

Answer 2

I'm not fully educated in the matter but I can say that, a few years into it, government spending programs (ala Franklin D Roosevelt, Democrat) began to take effect and things started getting better.

By 1941-42 the United States' involvement in WWII created a lot of production jobs and blasted any remnants of the depression aside. However, 1945 again saw a drop in employment, which obviously had something to do with the cuts in military spending.

Sorry - not an economics major, so this is just the stuff I remember from high school history classes.

Answer 3

The federal government established new regulations governing banks and set up the FDIC to protect the savings of depositors if a bank should fail A vast array of public works and jobs programs were started up. The social security system was set up to force people to save for retirement and provide payments for people who became disabled. Although I do not think it was really planned as a way to end the depression, what finally ended it was the lend-lease program that poured huge amounts of federal money into defense spending, coupled with the drafting of 500,000 men into the army,opening up jobs for everybody.