The Great Depression started due to economic problems in the farming and mining industries. After Franklin Roosevelt took office he tried to help these industries with several economic recovery programs. Most of these programs were ineffective at restoring prices or wages to pre-crash levels. The economy was not able to fully recover until the United States began making supplies for World War II.
The Great Depression was a massive global economic recession that ran from 1929 to 1941.
Many businesses failed and very few new jobs were created. Many insurance companies and banks failed and investors lost their savings. Farm prices dropped and middle-America farm families suddenly had little or no income. Often they could not pay mortgages and were forced off the land. Others were forced into substinence farming, that is, farming simply to raise food to avoid starving.
The continued government infusion of cash into the second new deal by Roosevelt made the private sector leary of investing money into business.
FDR got cold feet and tried to placate the business interests, removing the government stimulus at a time when it was still needed.
You need to do this homework assignment. Your teacher is looking for how well you understood the lesson and for critical thinking skills. We don't do homework.
How about "And that was my story on the great depression."
1939
False
The great depression started in october 1929 when the stock market crashed and it ended in 1934.
Created jobs for everyone.
How about "And that was my story on the great depression."
Hl
nothing
Baracko Obama
False
1939
no because he tried his hardest to end depression
The great depression started in october 1929 when the stock market crashed and it ended in 1934.
yes
Barack Obama
Created jobs for everyone.
Created jobs for everyone.