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How did the drought in the west make the great depression worse?
The drought in the west, known as the Dust Bowl, exacerbated the Great Depression in several ways. It led to widespread crop failures, destroyed farmland, and caused massive dust storms, which displaced many farmers and their families. These conditions worsened the economic hardship already experienced during the Great Depression, as it reduced agricultural output, caused food shortages, and created massive unemployment in rural areas.
What major work event brought an end the to the great depression?
The major work event that helped bring an end to the Great Depression was World War II. The massive mobilization for the war effort led to a surge in industrial production and job creation as factories shifted to produce military goods. This demand significantly reduced unemployment and stimulated economic growth, ultimately leading to the recovery of the U.S. economy. The war also fostered technological advancements and increased consumer spending, further contributing to the end of the economic downturn.
The American stock market collapsed on October 29 1929 marking the beginning of the Great Depression. What is that day known as?
That day is known as Black Tuesday. It marks the most significant stock market crash in American history, leading to a severe economic downturn and the onset of the Great Depression. The collapse resulted in widespread financial devastation, unemployment, and a prolonged period of economic hardship.
When did the Great Depression begin What event sparked it?
The Great Depression began in 1929, with the stock market crash on October 29, known as Black Tuesday, serving as the event that sparked it. This catastrophic decline in stock prices led to widespread panic, bank failures, and a sharp drop in consumer spending and investment. The economic downturn deepened in the following years, resulting in massive unemployment and hardship across the globe.
The massive government spending of the new deal led to the end of depression?
No it did not end the depression. Though it helped some, it led to only short term economic improvement.
Massive unemployment during the Great Depression further increased the AFL's membership.?
false
How were Australians affected by the Great Depression?
The Great Depression had a devastating effect on Australia with massive unemployment and hardship for most of the country.
How did the drought in the west make the great depression worse?
The drought in the west, known as the Dust Bowl, exacerbated the Great Depression in several ways. It led to widespread crop failures, destroyed farmland, and caused massive dust storms, which displaced many farmers and their families. These conditions worsened the economic hardship already experienced during the Great Depression, as it reduced agricultural output, caused food shortages, and created massive unemployment in rural areas.
Can massive unemployment shift the production possibility curve inward?
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
How does World War 2 help the great depression?
World War II helped alleviate the Great Depression by significantly boosting economic activity and job creation. The war effort required massive production of military goods, which led to increased demand for labor and resources. This surge in industrial output reduced unemployment rates and revitalized consumer spending. Additionally, government spending on the war helped stimulate the economy, ultimately leading to recovery from the economic downturn of the 1930s.
There should be world peace?
Probably not as this would lead to massive unemployment and the inevitable war.
What major work event brought an end the to the great depression?
The major work event that helped bring an end to the Great Depression was World War II. The massive mobilization for the war effort led to a surge in industrial production and job creation as factories shifted to produce military goods. This demand significantly reduced unemployment and stimulated economic growth, ultimately leading to the recovery of the U.S. economy. The war also fostered technological advancements and increased consumer spending, further contributing to the end of the economic downturn.
Massive unemployment relief projects and public works programs were federally funded during which decade?
1930s
Franklin d roosevelt proposed a massive package of depression relief called?
que?
The American stock market collapsed on October 29 1929 marking the beginning of the Great Depression. What is that day known as?
That day is known as Black Tuesday. It marks the most significant stock market crash in American history, leading to a severe economic downturn and the onset of the Great Depression. The collapse resulted in widespread financial devastation, unemployment, and a prolonged period of economic hardship.
When did the Great Depression begin What event sparked it?
The Great Depression began in 1929, with the stock market crash on October 29, known as Black Tuesday, serving as the event that sparked it. This catastrophic decline in stock prices led to widespread panic, bank failures, and a sharp drop in consumer spending and investment. The economic downturn deepened in the following years, resulting in massive unemployment and hardship across the globe.
The massive government spending of the new deal led to the end of depression?
No it did not end the depression. Though it helped some, it led to only short term economic improvement.
