What ended The Great Depression?

Question

Was it WWII?

Answer 1

Our good Friend Hitler wanted living space for Germany and Thur England we got dragged into the whole mess, WW2 not only ended the depression but the destruction of Europe including Germany during the war and the industrial rebuilding of Europe following the war lead to the vast expansion of the US Economy and place US on the road for world hegemony. Which It looks like we are throwing away. And no the 1st and 2ed New Deals were both flops, they didn't work then and they never will-socialism only makes people poorer.

Answer 2

Yes WWII brought us out. The need for bullets and other war supplies created jobs for people affected by the depression. It could have ended sooner and the US should have seen WWII coming.

Answer 3

No. The US was already on the road to recovery long before WWII began. The New Deal programs plus the American ability to find work helped. The buildup of the military toward the end of the 1930s also helped.

Answer 4

Nope. America entered WWII in 1941. The Great Depression ended in 1939. The real ending for it was FDR's New Deal, which borrowed heavily on the US treasury to create new jobs, initiate social security and medicare.

Thats not to say that WWII didnt greatly contribute to America's rise to economic superpowerdom. The military machine that was built around private contracting to the military was indeed responsible for a huge surge in employment (and innovation), which in turn created the middle class in America from the late 1940's on.

Answer 5

Yes, it was World War II. President Franklin Roosevelt's New Deal fairly well dealt with economic suffering, but it did not solve the problem of economic overproduction, and people without the money to buy goods. It was a chain reaction of capitalistic failure that had two few jobs and money. World War II created a need for jobs to produce jobs, ready markets, and led to prosperity.

It needs to be said as a humane and moral president, FDR did not let economic factors affect our foreign policy. But it is a correct conclusion that the war ended the Great Depression.

Answer 6

The Great Prozac

Otherwise known as Franklin Delano Roosevelt. He created a whole series of economic recovery programs, including freezing wages, closing banks, restricting some financial activities and involving government in employment programs in ways that had never been thought of.

Many of his programs did not work. But FDR kept trying new programs until he found ones that did. Certainly the war helped - but we would not have been able to enter the war if we as a country had not already been well on the road to recovery.

Answer 7

Roosevelt's social policies were a huge factor, such as the development of Social Security, unemployment, and other social programs. However, WWII stimulated the economy and made these programs even more effective. In the end, it turned out to be a combination of the two.

Answer 8

The New Deal and WWII

Answer 9

World War two. The USA made armorments for the allies even before we joined the war. This was a hugh boost to our economy and lifted us out of the depression by providing jobs.

Answer 10

Yeah my teacher said something about wwii ending it. i forgot why, but thats right.