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As the United States became the "arsenal of democracy" during World War II, economic mobilization brought a double victory for the American people by ending the decade-long Great Depression at home, as well as playing a pivotal role in defeating the Axis Powers abroad.
The Great Depression played a significant role in the onset of World War II by exacerbating the economic struggles and political instability in Germany following the Treaty of Versailles.
Dec 16, 2011 · But exactly how World War II got us out of the Depression is generally ignored -- even though it provides a lesson at odds with the accepted interpretation.
5 days ago · Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
The most devastating year of the war for Stuttgart opened with a massive British attack against the city on 21 February 1944 by 598 bombers, losing only seven Lancasters and a single Halifax to German action thanks to two diversionary flights over the North Sea and to Munich two hours prior.
The nation was mired in the Great Depression (1929 – 1939), which continued until preparations for World War II (1939 – 1945) began to revive the economy. The causes of the Great Depression were complex and rooted in the transition of an economy based on the production of durable goods and building infrastructure to one based on the ...
The New Deal programs introduced after 1933 had helped relieve some of the economic hardships brought on by the Great Depression, but it took massive war mobilization to actually end the Depression. As the nation's economy gained strength, the New Dealers largely faded to the background.
