was the great depression during or after world war 2?

Answer 1

I hate to think about what they AREN'T teaching in school anymore.
After The Great War, later known as WWI, countries which had not only bankrupted themselves fighting the war, but had lost an entire generation of workers, found themselves in runaway inflation, particularly in Germany, which was charged with reparations to France, Belgium, Britain, etc. They deliberately inflated their currency, paying off the war debt with useless paper. In addition, in the U.S., the stock market, instead of being a place to buy and sell stock, and invest in companies for the future, became the world's largest gambling casino. People bought stocks based on hot tips and intuition, on the margin, which meant they were buying stock without having the money to back it up. When investments started to slide, because there was no hard currency to back them up (like a gold standard, which forces governments to spend only what they actually HAVE, not what they think they can screw out out the people in future taxes), the house of cards fell...October 29, 1929.
If you need to relate this to a current event, just look at all the homeowners who will lose their homes to foreclosure in the coming years, because they wanted something they could not afford, and gambled they would be able to finesse their way...or people who run up credit card debt, without having the means to pay it off. The banks may not collapse, as they did in the 30's, but then, we no longer control our oun treasury, so anything can happen. As long as Americans do not use common sense and self discipline, we will always be at risk.
World War II was a great leveler. After the shooting stopped, the victors set about rebuilding, as far as was possible, what was destroyed. Well, except for the Russians....they took up where Hitler left off.

Answer 2

There are lots of matters we know now that FDR and Hoover did not understand then. FDR used to be like a football educate who tries going for walks the ball to the left, if that doesn't work, then run to the right, if that does not work, try passing. Considering the fact that he was inclined to take a look at some thing, he remained preferred and gave the public the sensation that he was on top of matters. However there have been many components of the brand new Deal that did not work. The construction of artificial shortage, requiring farmers to not farm or to plow their vegetation under to prop up agricultural costs failed to work and made many farmers (my grandfather) out correct hate FDR. Issuing ration playing cards and requiring specified commodities to be bought with the aid of stamps and not currency is yet another discipline that did not work and was tremendously unpopular. The CCs and WPA programs had been good strategies and created work and construct many public works which might be still here to nowadays. However, the economy in 1940 wasn't a lot better than in 1932. Europe got here out of the depression before we did. WW2 did convey us out of the depression considering that we went from a peace time economy to a warfare time economic climate. Each person had to work to help the struggle effort by way of both being a soldier, a farmer, or a factory worker. The U.S. Grew to be the supplier to the Allies, but it surely additionally left us with a large debt. The USA hasn't quite fought a warfare the way WW2 was once fought. WW2 was once a complete effort. Korea, Viet Nam, and the two we're in now have been army conflicts without the entire weight or effort of the nation behind them.

Answer 3

Wow. the Great Depression started in the U.S. after the stock market crash (and other contributing factors) in the 1920's. WW2 began in 1939 but the US didn't enter until 1942 or 1943. Our national mobilization to support the war effort is considered one of the major factors that helped the country recover from the great depression.

Answer 4

It was before WWII. The great depression started with the crash of the stock market in October 29, 1929. It last until about the start of WWII through the 1930's Unfortunately, wars usually help bring us out of depression or poor trends in inflation just like we have now.

But it was before WWII.

Answer 5

Over the last five years I had begun to have increasingly withdraw into a downward spiral of depression..

But now with the method I can fully focus my energy and thoughts into a decisive line on how to make my life better constantly. And it works like magic! I'm beginning to attract people to me once again and things have just been looking up since then.

Helping you eliminate depression?

Answer 6

there are a number of stuff all of us comprehend now that FDR and Hoover did no longer comprehend then. FDR replaced into like a soccer coach who tries working the ball to the left, if that doesn't artwork, then run to the spectacular, if that doesn't artwork, attempt passing. through fact he replaced into prepared to attempt some thing, he remained commonly used and gave the well-known public the sensation that he replaced into on top of issues. yet there have been many factors of the recent Deal that did no longer artwork. The advent of guy-made shortage, requiring farmers to no longer farm or to plow their vegetation below to prop up agricultural fees did no longer artwork and made many farmers (my grandfather) out authentic hate FDR. Issuing ration enjoying cards and requiring particular commodities to be bought by using stamps and not foreign places money is yet another area that did no longer artwork and replaced into notably unpopular. The CCs and WPA courses have been sturdy recommendations and created artwork and build many public works that are nonetheless right here to as we communicate. besides the undeniable fact that, the economic equipment in 1940 wasn't plenty greater beneficial than in 1932. Europe got here out of the melancholy previously we did. WW2 did deliver us out of the melancholy through fact we went from a peace time economic equipment to a conflict time economic equipment. all and sundry had to artwork to assist the conflict attempt by using the two being a soldier, a farmer, or a production unit worker. the US grew to grow to be the business enterprise to the Allies, besides the undeniable fact that it additionally left us with a large debt. the US hasn't truly fought a conflict the way WW2 replaced into fought. WW2 replaced into an entire attempt. Korea, Viet Nam, and the two we are in now have been armed forces conflicts with out the full weight or attempt of the rustic at the back of them.

Answer 7

Before, and it is the war itself that pulled us out. The military buildup, civilian support, national pride combined to turn around 10 years of liberal folderal that extended the depression far far longer than it would have otherwise.

Answer 8

Neither. It was before WW2. The war, in fact, sent the stagnant economy booming.

Answer 9

before, wars unfortunately bring in revenue, jobs,(money) Ect.....
thats how we came out of the depression the start of the war.

Answer 10

Before. After WWII, the economy picked up.