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The Great Depression And The "New Deal"
Part 1 of Paper
....force in the United States was unemployed. In that
same year Franklin Delanore Roosevelt was elected president. He took
office in 1933 with the economy and the nation in a severe depression. For
the first three years of the Great Depression the government did very
little to help the economy to recover. This all cha.... Part 2 of Paper
....he
federal government should step in and help stimulate the economy. This
theory became known as Keynesian Economics. In terms of the Great
Depression the economy was at a serious imbalance because the public sector
was saving more than usual and the business sector was not investing at a
typical level. Therefore the government needed to step on and stimulate
the economy. This stimulation was seen in the actions of the government in
the "New Deal." Slowly but surely the steps taken by the g.... |
| Number of words: 305 - Approximate pages: 2 |
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