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Which of the following finally brought the U.S. economy out of the Great Depression?
MeGustaCulo
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When an economy exceeds inflation target range how is it returned to the range?
Either with a lack of inflation the next term, or if allowed to build for several years a depression, and finally if you put an idiot in office who exponentially compounds the situation by wasting more money and not allowing the capitalist system to work it's course, a severe depression could last for several years or decades.
What was the main cause of the recession?
The collapse of the US stock market.Actually the cause of the Great Depression was the uncontrolled inflation, rising unemployment, and resulting depression in Germany caused by the enormous war reparations demanded by the Treaty of Versailles. The depression in Germany spread across the countries in Europe first through the 1920s, then finally hit the US too in 1929.Unfortunately many people in the US seem to think (yes, I've lived in the US all my life) that all the world pivots about events here. Our history books in school teach that and we are generally very naive about how events in the rest of the world affect us.The collapse of the US stock market and rapidly falling prices for farm crops were just the first two things in the US economy that felt the oncoming wave of worldwide depression begun in Germany a decade earlier. Then the bank collapses, then massive unemployment. at which point the US finally named it the Great Depression.
Did the Great Depression happen before or after WW 2?
No, the Great Depression was from the stock market crash of 1929 to 1933. Many believe that FDR's New Deal programs ended the Depression. Some of the programs helped of course, but so did Hoover's and he gets blamed for the whole thing. WWII is what finally ended the depression. It stimulated the economy by forcing the government to pay companies to manufacture war goods and forced people to cut personal costs in order to send supplies to the troops.
What are the four stages of economy?
The economy generally has 4 or sometimes 5 stages. First one being the boom of economy or growth phase, where there is lot of money in the market and with the people. The purchasing power goes up, product demand goes up, production goes up, and revenues and profits go up. But this cannot last forever. Due to increased money flow and spending, prices go up and this leads to inflation. This is the second stage. There is relative slowdown in economy. Prices go up so people have less to spend and and to save. Demand goes down, production and earnings go down. The economy may take a rebound from here or go further into recession. This is the third stage where situations starts to actually worsen. Increased prices, less earning, demand goes down, revenues and profits go down. Companies and organizations start downsizing and cost cutting. This leads to unemployment and further decreases the flow of money into the system. This kind of runs into visicious circle. People dont want to take risk of investing and starting new businesses. Foriegn investment in reduced. Even worse form of recession is depression. But as with boom, even recession and depression cannot last forever, and the economy starts to take a turn, and leads to recovery. Recovery is the fourth stage of economy. Though there is no fixed time limit before recession or inflations turns to recovery, and recession sometimes lasts longer than boom. In recovery, situation starts to improve. Prices ease, money starts to flow. New investments comes in and finally recovery leads to boom in economy which was the first stage. Deepak
What problems did the drought started in 1933 add to the depression?
The Dust Bowl not only was an enviornmental disaster, it forced the farmers in the Plains and mid-west to leave their farms and head west. They became a new class of citizens-the migrant workers, following the crops from season to season to find work. The loss of their farms and the lack of their products being sent to market affected the entire nation. The dust blew across the nation and into Washington, DC. The congress finally acted and created the Soil Conservation Act.
What finally brought tje Great Depression to an end?
Another world war
What president stopped the Great Depression?
In a sense, it was Emperor Hirohito, because it wasn't until we were forced into World War II and the wartime economy took over that we were finally free of the Great Depression.
What finally brought world war 2 to an end?
The war ended when USA dropped Nuclear Bombs in Japan.
Was the depression unique to the US?
No, it had ripped through Germany starting in the early 1920s due to hyperinflation from its war reparations payments and spread from there. It finally hit the US when the combination of worldwide depression and the Dust Bowl overwhelmed the postwar boom economy that it had experienced since the end of the war.
What finally brought an end to the Great Depression?
World War II galvanized industrial growth and produced labor opportunities
What finally brought the employment crisis to an end?
The first unemployment crisis from the Depression ended with World War Two. when the US entered the war, millions of peoplpe were employed in factories and assembly lines for the war effort.
What does finally his nerves get to him means?
It means what the anger he had has brought to him.
What finally brought America out of the great drepression?
World War 2 was the main cause of America getting out of the depression. The main reason is because it opened up new jobs. Women could work in the war, and more factories opened.
What leader finally brought democracy to Russia?
Boris Yeltsin.
Did the cold war happen before the Great Depression?
No, first came the Great Depression, then WW2, and finally the Cold War(1947-1991).
Who was president in the Great Depression that bought the US out of it?
Herbert Hoover was U.S. President at the time of the Stock Market crash of October, 1929. He lost reelection to Franklin D. Roosevelt in 1932. Roosevelt served until his death in 1945. The thing that finally brought the country out of the Great Depression was joining World War II at the end of 1941.
Did the Depression happen during president Franklin Roosevelts' presidency?
The Depression did happen during President Roosevelts' presidency, but it had started four years before his presidency, under President Hoover. Both president Hoover and President Roosevelt initiated public works and legislation aimed at creating jobs and getting the economy back on its feet again. This started to take effect in 1934 and worked until 1938, when the economy relapsed. Ironically it took WW II to get the US economy finally booming again, as the war economy meant an enormous stream of orders for any company that directly or indirectly could service the massive war requirements.
