THE GREAT DEPRESSION 1929 1940
FRANKLIN D ROOSEVELTS NEW DEAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What ultimately caused the Great Depression to end?
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Roosevelt’s policies ended unemployment
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The US began preparing to enter WWII
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The stock market surged as soon as Roosevelt was elected
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The US government took over all American banks
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Explanation:
Detailed explanation-1: -Mobilizing the economy for world war finally cured the depression. Millions of men and women joined the armed forces, and even larger numbers went to work in well-paying defense jobs.
Detailed explanation-2: -During the war, more than 12 million Americans were sent into the military, and a similar number toiled in defense-related jobs. Those war jobs seemingly took care of the 17 million unemployed in 1939. Most historians have therefore cited the massive spending during wartime as the event that ended the Great Depression.
Detailed explanation-3: -A combination of the New Deal and World War II lifted the U.S. out of the Depression.
There is 1 question to complete.