answersLogoWhite

0

The main factors that led to the recession of 1937 were government cut backs on spending to balance the budget over concerns of rising national debt. FDR responded by funding WPA and other programs that had been cut back, helping out-of-work Americans.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What Factors which led to recession in US?

Houses and debt in crisis


What was not factors was not one of the causes of the recession in 1937?

One factor that was not a cause of the 1937 recession was a lack of technological innovation. Unlike previous economic downturns that were often linked to technological stagnation, the 1937 recession was primarily attributed to fiscal tightening, the Federal Reserve's decision to raise interest rates, and reduced government spending. Additionally, the economy was still recovering from the Great Depression, and these policy shifts led to a contraction in economic activity. Thus, technological advancements were not a contributing factor to this specific recession.


Which of these factors was not one of the causes of the recession in 1937?

Two justices had retired from the Supreme Court.


Which event led to the end of the recession of 1937?

Congress allotted more money for the WPA workforce.


The recession of 1937 was caused in part by?

Reduced Consumer Spending


During the recession of 1937 about how did stock market prices fall?

About 48 percent


When overall prices are decreasing are you in recession?

You are in deflation. This may be due to a recession or to other factors.


Which of the ranges below correspond to a recession?

the correct answer for apex is 1937-1939.


During the recession of 1937 about how low did stock market prices fall?

About 48 percent


During the recession of 1937 how low did stock market prices fall?

About 48 percent


What event led to the end of recession in 1937?

The end of the 1937 recession was primarily attributed to the federal government's decision to increase spending in response to declining economic activity. This shift was influenced by the realization that earlier attempts to reduce the budget deficit and tighten monetary policy had exacerbated the downturn. Additionally, increased investment in public works and defense spending helped stimulate economic growth, leading to a recovery. The combination of fiscal stimulus and a more favorable economic environment ultimately pulled the economy out of the recession.


Which economic and political factors led most directly revolution France 1848?

people were starving,, no jobs, disease and famine were the root causes, while the aristocrats were living a most wonderful life with no thought of their fellow man.