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Feb 24, 2010 · On the surface, World War II seems to mark the end of the Great Depression. During the war, more than 12 million Americans were sent into the military, and a similar number toiled in defense-related jobs.
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 widespread prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed. The depression threatened people's jobs, savings, and even their homes and farms.
Nov 30, 2013 · The Depression was actually ended, and prosperity restored, by the sharp reductions in spending, taxes and regulation at the end of World War II, exactly contrary to the analysis of Keynesian...
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 ...
Oct 29, 2009 · The Great Depression was the worst economic crisis in modern history, lasting from 1929 until the beginning of World War II in 1939. The causes of the Great Depression included slowing consumer...
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.
