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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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Roosevelt’s “New Deal” helped bring about the end of the Great Depression. The series of social and government spending programs did get millions of Americans back to work on hundreds of public projects across the country.
Detailed explanation-2: -The New Deal failed because the AAA, by interfering with supply and demand, damaged farming which had repercussions on the overall economy. The government ensured price floors on wheat and cotton. Thus, wheat and cotton farmers expanded their businesses and other farmers flocked to those “guaranteed” crops.
Detailed explanation-3: -In 1932, the country elected Franklin D. Roosevelt as president. He promised to create federal government programs to end the Great Depression. Within 100 days, he signed the New Deal into law, creating 42 new agencies throughout its lifetime.
Detailed explanation-4: -The New Deal did not end the Great Depression because it only provided relief and not recovery. The start of the World War II was what really ended the Great Depression. The new deal did bring jobs and help the unemployment rate drop; however it didn’t give enough jobs for the depression to end.