THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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public works programs.
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the Social Security Act.
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The National Recovery Administration.
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the outbreak of World War II.
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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. World War Two affected the world and the United States profoundly; it continues to influence us even today.
Detailed explanation-2: -Contrary to popular belief, the “public works program” known as World War II did not end the Great Depression; it ended the New Deal. The end of the war brought federal spending and tax cuts and the repeal of the Smoot-Hawley tariffs.
Detailed explanation-3: -Roosevelt eventually created several public works programs to build roads, dams, and public buildings. These and other New Deal programs helped increase economic output and reduce the unemployment rate from nearly 25 to 17 percent by 1936.
Detailed explanation-4: -In most affected countries, the Great Depression was technically over by 1933, meaning that by then their economies had started to recover. Most did not experience full recovery until the late 1930s or early 1940s, however.
Detailed explanation-5: -The Great Depression was a worldwide event that started in the United States in 1929 and lasted through 1939. Historians believe that the Great Depression certainly was one of the reasons that caused World War II. In October 1929, the U. S. stock market crashed.