The 1930s is athe period in which the US transformed itself into a nation which extensively regulates business activity at the Federal Level. Describe how this happened in detail.
This is a long question, I know. helpful sites will be much appreciated.
2006-08-08 16:35:14 · 1 answers · asked by Zoe 1 in Business & Finance ➔ Other - Business & Finance
If you study history before 1930,or 1929 the stock market crash, people believed the government should hand off the capitalist system, they want the system work their own way. After the great OCT crash of the stock market, US econmy plunged to the Great Depresion, 25% of US population without a job. people virtually have no money to buy anything, business falling off the cliff, the only entity left is government, because of the depresion, FDR ran and win by introduce the platform THE NEW DEAL, he introduce a lot of program to make people work, Federal reseve, SS system create
2006-08-08 17:21:45 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋