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Nothing could have gotten the US out of what was really a worldwide depression triggered by the disintegration of the German economy as they attempted to pay the enormous war reparations demanded by the Treaty of Versaille, except to wait it out. The US could not change what was happening.
The most important thing that FDR did was to try to control panic (which made things worse) allowing people to wait it out. The Great (worldwide) Depression did begin lifting on its own slowly about 1937 and World War 2 ended it completely as the worldwide economy was forced to ramp up suddenly for war production to meet military demand.
Some of FDR actions to control panic were:
- bank holidays - to prevent rushes on banks and bank collapses
- FDIC deposit insurance - to prevent bank collapses
- CCC and WPA - to provide "makework" (but useful) jobs, limiting unemployment
- SSA - to provide basic "retirement" payments, removing older people from competing for jobs with younger people
- etc.
What else can I help you with?
What kinds of weapons were used in the great depression?
During the Great Depression, commonly used weapons included firearms such as rifles, shotguns, and handguns. These weapons were used for self-defense, hunting, and in some cases, by law enforcement to maintain order. However, it's important to note that the Great Depression was primarily characterized by economic hardship, not widespread violence or warfare.
In order combat the great depression Japanese leaders decided to?
aggresively expand japanese territory to secure more resources.
Why were the movies the main event during the Great Depression?
During the great depression, many people were depressed. Therefore, in order to keep themselves going movies were a way to have some fun. People in the great depression would commit suicide if they weren't making enough money. People like Babe Ruth entertained people during this time too. Sports were another big event.
What were some new government policies during the great depression?
monetary policy (expanding or contracting the money supply in order to stimulate or retard growth); fiscal policy (expanding or contracting public expenditures and/or revenue); social insurance (Social Security, Unemployment Compensation, etc.); public assistance (ADC - now TANF - etc.).
Who was the politician attempted to create new programs of wealth distribution known as the Share your Wealth Society in order to balance the poverty caused by the Great Depression?
Huey Long
What must a nation have in order to enact in enforce policies?
a government
What must a nation have in order to enact and enforce a policies?
a government
Why the government might enact a price ceiling in order to accomplish what?
The government might enact a price ceiling in order to protect the poor.
Who got affected from the Great Depression?
A lot of mexicans were afected by the great depression. They wold have to move to the U.S in order to have money. The Americans werent afected but some of them were.
What dis japan do in order to recover from the great depression?
Invaded Korea and China
Why was there a need for the Americans to enact laws in order to suppress the nationalisticfervor of the Filipinos?
Enact WHAT laws? Give example please.
Can a business enact a law?
No. Only governments can enact laws. A business can create a contract, which can be enforced by the courts, but both parties must have signed or agreed to it in order for it to be effective. And they cannot contract to do something illegal.
The government my enact a price floor in order to accomplish what?
Protect producers
In order to achieve its goals a government must enact?
laws
What is the government might enact a price floor in order to accomplish?
Protect producers
What policies a government might use in order to decrease poverty in its country?
The policies a government might use in order to decrease poverty would be to enact a minimum wage. This means that every company or employer must pay a set wage for every hour an employee works and nothing lower. The government might also have social programs in place such as food stamps or welfare in order for people to buy the basics they need to survive.
What kinds of weapons were used in the great depression?
During the Great Depression, commonly used weapons included firearms such as rifles, shotguns, and handguns. These weapons were used for self-defense, hunting, and in some cases, by law enforcement to maintain order. However, it's important to note that the Great Depression was primarily characterized by economic hardship, not widespread violence or warfare.
