Definitely not...the depression had about 8 different causes, the monetary policy followed by Republicans, the Smoot Hawley act, the irresponsible and credit based trading of stocks, many other things....Roosevelt's entire administration was geared toward fixing and ameliorating the effects of the depression...all the alphabet soup agencies, AAA, CCC, WPA to name a few. I see nothing in our history that would even suggest Roosevelt prolongued the depression. One might successfully argue that Herbert Hoover and the Republicans prolonged the depression by their inaction, however.
One might argue that the New Deal didn't resolve the depression (and I would agree with that), WWII did seem to fix the depression.
2006-07-09 03:41:58
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answer #1
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answered by William E 5
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I think the only reason the depression happened was that every dollar was backed by gold. You have a very limited amount of funding to grow, but a very real need to grow. Pretty soon the amount of people working will be more than the gold to pay them, unless you can get all of the people to work for less and less with time- and most started at working class poverty- how can you make less than that?
The depression was fate. FDR could have gone against his constituents and played a non-isolationist role in the European diplomatic theater, but then the depression would have lasted perhaps several more decades without WW2.
2006-07-09 02:57:30
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answer #2
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answered by timmy♫♫ 4
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It can be debated that it was WWII that got us out of the depression considering that FDR's New Deal was mostly abolished by 1943, but don't discount some of the programs that FDR used. Even though some of the programs were deemed unconstitutional many things were created during his administration. As far as the economy goes though it was WWII that pulled the manufacturing out of a rut and created many jobs.
2006-07-09 02:53:36
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answer #3
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answered by jpxc99 3
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Obviously you must think George W. Bush is a fool, which he is.
Once Congress and Supreme Court got on board, the New Deal did a lot to get the economy moving, and without giving a lot of money to the big corporations and investors who caused the Depression. The big corporations benefitted most from the war, as usual.
2006-07-09 02:51:33
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answer #4
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answered by thylawyer 7
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There are economists and political scientists who have made these points in the past. FDR is such a great American hero that anything bad about his policies gets shouted down by liberals and the liberal-biased main stream media.
We learned from our past mistakes. Our economy and our society, our government, our military have been strong since the end of WWII.
2006-07-09 02:51:32
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answer #5
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answered by regerugged 7
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Neither. It changed into international conflict II that ended the melancholy and the guidelines of Eisenhower that created the prosperity of the Nineteen Fifties and Sixties. The guidelines of Lyndon Johnson. Richard Nixon and Jimmy Carter led to the monetary fall down in the Nineteen Seventies.
2016-11-01 12:12:19
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answer #6
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answered by Anonymous
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Are you freaking nuts? Maybe you are just too stupid to realize all that FDR did throughout his term in office. Does the words "New Deal" mean anything to you. So go away and stop attacking the greatest president of the 20th century.
2006-07-09 02:49:06
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answer #7
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answered by se_roddy 3
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the great depression was a direct result of the 90 percent reduction of the circulating currency by internation bankers and the switch to the gold standard>
2006-07-09 02:48:44
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answer #8
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answered by Anonymous
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NOPE!!! Afraid not!!!!
2006-07-09 02:53:43
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answer #9
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answered by Vagabond5879 7
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