How was the Great Depression resolved?

Question

I have to do a research paper and i need to know what happened to solve the Great Depression. I need links to good organized websites I can use too.

Answer 1

World War II started. The Depression was on through 1939. Manufacturing the tools of war and the build up of military personnel put everyone to work.

Answer 2

As the GDP data in Chart 1 shows, the depression of 1929 effectively ended in 1937, except for persistent high unemployment. Unemployment declined after 1940 for a variety of interrelated reasons. The government began heavy military spending in 1940 and started drafting millions of young men that year; by 1945, 17 million had entered service. But that was not enough to absorb all the unemployed.

During the war, the government subsidized wages through cost-plus contracts. Government contractors were paid in full for their costs, plus a certain percentage profit margin. That meant the more wages paid the better since the government would cover them plus a percentage. In 1941-1943, many factories took in unskilled workers and trained them (at government expense); little training was done in the 1930s,[citation needed] and most factories refused to hire the unskilled, the inexperienced, or men "too old" (over 45). The military itself was a massive training program in technology for most soldiers and sailors.

Structural barriers were lowered during the war, especially informal policies about hiring women, minorities, and workers over 45 or under 18. Strikes largely ended as unions pushed their members to work harder. Tens of thousands of new factories and shipyards were built, with bus service and nursery care for children making them more accessible. Wages soared for workers, making it quite expensive to sit at home. The combination of all these factors drove unemployment below 2% in 1943.

Answer 3

Basically the depression ended at the outset of WWII, after the Japaneese attacked Pearl Harbor, it really motivated the people ,the New Deal implemented by FDR was helping, but the war was the majior factor.

Answer 4

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Answer 5

Start with the effect of WWII, starting with Lend-Lease to Great Britain., and our preparing to join in.

Answer 6

ALTHOUGH PRESIDENT FRANKLIN ROOSEVELT AND THE CONGRESS TRIED MANY PROGRAMS SUCH AS THE PUBLIC WORKS ADMINISTRATION AND THE CCC NOTHING REALLY GOT AMERICA BACK ON TRACK UNTIL WE BECAME INVOLVED IN WORLD WAR 2. IN MY OPINION THE INVOLVEMENT IN WW2 WAS THE FACTOR THAT GOT THE COUNTRY BACK ON TRACK.

Answer 7

world war II. the army needed people to build weapons, and was willing to pay. it jump started the economy.

Answer 8

WW2