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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WWI
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Great Depression 2.0
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The Election
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WWII
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Detailed explanation-1: -The Japanese attack on Pearl Harbor in December 1941 led to America’s entry into World War II, and the nation’s factories went back in full production mode. This expanding industrial production, as well as widespread conscription beginning in 1942, reduced the unemployment rate to below its pre-Depression level.
Detailed explanation-2: -Ironically, it was World War II, which had arisen in part out of the Great Depression, that finally pulled the United States out of its decade-long economic crisis.
Detailed explanation-3: -Reparations imposed on Germany following WWI left the country poorer, and economic woes caused resentment amongst its population. The Great Depression of the 1930s and a collapse in international trade also worsened the economic situation in Europe, allowing Hitler to rise to power on the promise of revitalization.
Detailed explanation-4: -1929: The Wall Street Crash Sparks the Depression. 1930: The Dust Bowls Begin. 1931: Food Riots and Banks Collapse. 1932: President Roosevelt is Elected.