Premium Essay

How the Great Depression Led to World War Ii

In:

Submitted By ylov1515
Words 571
Pages 3
A-3 In 1939, the United States was still ensnared in a severe economic depression, one that crippled the nation for a full decade. President Franklin D. Roosevelt's New Deal experiments had brought some relief to a population reeling from unemployment, inflation, and scarcity, but considerable transformations—vast federal spending, price regulations, job placement, the expansion of unions, greater access to home loans, social security for the elderly and disabled, and the public's restored confidence in their government—did little to bring prosperity to the American people.
By the end of the 1930s, 17% of the American work force remained unemployed; 30% still lived in poverty; and the most needy and least organized citizens, such as domestic workers, sharecroppers, new immigrants, blacks, and unmarried women, reaped few of the New Deal benefits. FDR's great experiments, then, did not end the Great Depression. Only mobilization for a world war would bring an end to the most devastating economic crisis in United States history.
In late 1939, a full two years before the United States entered World War II, President Franklin D. Roosevelt decided it would be necessary—and perhaps wise—to invest time and money into national defense. Despite his promise to keep the nation out of the war escalating abroad, Roosevelt carefully and deliberately prepared the country for a worst-case scenario. By the spring of 1940, he convinced Congress to increase defense spending, enlarge the army, and expand the U.S. military air fleet. Through billions of dollars in federal spending—largely focused on rearmament and national security—he managed to funnel money into a peacetime draft, increase wages for military personnel, offer subsidies for defense manufacturing, and grant loans to aid Great Britain and the Soviet Union. (Not exactly invoking neutrality in his decision to assist the

Similar Documents

Premium Essay

Ww2 Cause And Effect Essay

...There are a lot of causes and ways World War II got started. A lot of tension and turmoil from World War I and also from Hitler is what really led up to the world having its second world war. Some causes of the war is Hitler not going by the orders of other countries. Another is the Great Depression that was around the world and led to a bunch of turmoil and bad blood and led up the second World War. One big cause that led up to WWII was the turmoil left behind from WWI. According to the article “The causes of World War II” on sunysuffolk.edu there was an economic collapse and Germany started getting a strong military and disobeying the Treaty of Versailles. Germany was not happy and felt they were being treated harsh and unfair because of...

Words: 836 - Pages: 4

Premium Essay

Thing

...Notes/Answers/Definitions/Examples/Sentences | | 1. World War 1 and the Russian Revolution | | The growth of nationalism and imperialism increased the national pride/power of many European countries. | | I. War and Revolution | What is Nationalism, and | a. Nationalism was powerful in Serbia | How did it affect Europe? | b. Austria-Hungary declared war on Serbia | | c. More destructive weapons were created in light of WWI | | II. Revolution | | a. By 1922, Soviet Union was created | | III. Peace and a “new Europe” | | a. League of Nations-world organization that would maintain peace | | b. Treaty of Versailles was created | | c. 59 nations became a league, while the U.S. refused to join | | | What economic event | 2. The Great Depression and the Rise of Totalitarianism | Marked the starting point of | The loss of life ushered in a new era | The Great Depression? | I. Economic Crisis | | a. The stock market crash marked the beginning of the depression | | b. The U.S. government became involved with reviving the economy | | II. Political Tensions | | a. Both economic and political tensions arose in Europe | | b. Hitler became der Fuhrer of the Third Reich | | c. Joseph Stalin ended the NEP and created the Five-Year Plan | | | | 3. Nationalist Movements Around the World | | Extreme changes occurred in Europe | How did the nationalists | I. Turkey, Persia,...

Words: 399 - Pages: 2

Premium Essay

Unit 5 Ap World Review Guide

...AP* World History Study Guide and Graphic Organizers – Unit 5: The Modern World, 1914 CE – present 1. World War I Students are required to know the causes, major events, and consequences of WWI 1) Causes a) Imperialism i) No new lands to expand into – some nations didn’t have many colonies (Germany, Italy) ii) Rivalries as nations competed for colonies iii) Sometimes armed conflict in colonial lands for control over resources b) Nationalism i) Pride in one’s nation, want one’s nation to be the best and most powerful ii) Fostered conflict as nations competed to be the best iii) Justified imperialism, militarism iv) Caused disruptions in multi-ethnic nations (Austria-Hungary, Ottoman Empire); rebellions, revolts against foreign rule c) Militarism i) Build up of a country’s military; keeping a large standing army ii) Nations expanded their militaries as a show of power iii) Arms race: each nation needed to have a standing army because their neighbors had standing armies d) Alliances i) Bismarck: German chancellor behind alliance system in Europe ii) Germany, Austria-Hungary, Italy allied; France, Great Britain, Russia allied 2) Events a) Assassination of Archduke Frantz Ferdinand: Serbian terrorists kill the Austrian duke and his wife as they honeymooned in Sarajevo i) Austria demands Serbian submission ii) Russia offers to back Serbians in defying Austrians iii) Austria and Germany declare war on Serbia and Russia (along with Russia’s allies) b) Schlieffen...

Words: 3465 - Pages: 14

Premium Essay

History of America

...UNITED STATES Introduction The current America we know today is not comparable to the America which existed after the civil war. Great things such as urbanization, equal rights for citizens and the two major wars have made us understand the current United States. Since the time United States ended slavery, a lot of great things have happened. Some of the major ones being the period of reconstruction, Civil Rights Movement, the great depression and the World wars I and II. The aim of this paper is to compare the views of America a Narrative History 9th edition by George Brown Tindall and those of America Compared 2nd edition by Carl J. Guarneri. According to the two authors the history of United States since 1965 somehow differs. According to (Tindall, George Brown, and David, 196), the period of reconstruction, lasting from 1865 to 1876 was a period when the nation tried to restructure itself and incorporate the southern states which became part of the union. The freed men from the South had found themselves with no system to control them in their lives. So they had to look for a way to incorporate them in a still society that was biased against them. The reconstruction dealt with the transformation of southern states. During this period, a little social or political agreement was available on issues such as who was supposed to vote and how the southern states were going to rebuild themselves after the destruction of their centers and losing slave labor. The reconstruction...

Words: 2069 - Pages: 9

Premium Essay

The Fluidity of Great Depression. Gender Norms & Racial Bias in the Study of the Modern "Great Depression"

...The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in 1930 and lasted until the late 1930s or middle 1940s. It was the longest, deepest, and most widespread depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most. Some economies started to recover by the mid-1930s. In many countries, the negative effects of the Great Depression lasted until after the end of World War II. Start Economic historians usually attribute the start of the Great Depression to the sudden devastating collapse of US stock market prices on October 29, 1929, known as Black Tuesday; some dispute this conclusion, and see the stock crash as a symptom, rather than a cause, of the Great Depression. Even after the Wall Street Crash of 1929, optimism persisted for some time; John D. Rockefeller said that "These are days when many are discouraged. In the 93 years of my life, depressions have come and...

Words: 7897 - Pages: 32

Premium Essay

Consequences Of Ww2 Dbq

...World War II Do you remember a time in our world history that we were in desperate need for a change? World War II was a devastating time in our world history. During this time period there was a lot of hardships and innocent blood spilled. All across the world people were in war fighting for a better life. The economic consequences of World War I was most important in causing World War II, because of The Treaty of Versailles and The Great Depression It all started when The Treaty of Versailles was signed to end World War I. This document blamed Germany for the war and made them pay a very heavy fine for it all. This made Germany very mad, so mad that they wanted to take revenge. Adolf Hitler was a very powerful man during this time period. He craved power...

Words: 614 - Pages: 3

Premium Essay

War and Terror

...Short Essay on War and Terror The United States is known as a Super Power in the world today for two particular reasons and they are one, the outcome of World War II and two, how the President at that time, Franklin Delano Roosevelt handled conflicts at home as well as conflicts overseas. During that time the United States was going through some challenges dealing with the Great Depression and the difficulties of Germany beginning to start conflicts in Europe where there was nothing being done about it. World War II was a situation America had stayed out of for about three years, but when the U.S. finally did get involved the balance was then tipped in the favor of the allies due to the U.S. involvement. Also, as it was shown in World War I, when the United States gets involved with conflicts dealing with issues overseas we are very effective and are resolute on becoming triumphant. This resolve continued with a Reaganite point of view, it was president Regan who responded to the Soviet proxies with a proxy war built on the Nixon doctrine of preparing to wage low-intensity conflicts against military nationalist regimes in the Third World. Although by 9/11 the methods changed drastically from low-intensity proxy war to high-intensity direct warfare. [1] No different than the conflict the U.S. has dealt with and continues to deal with today in Iraq and Afghanistan. The era of proxy wars began with America’s defeat in Vietnam and closed with the invasion of Iraq...

Words: 1707 - Pages: 7

Premium Essay

Study Guide

...Study Guide For Final Examination 1. Examine the process and the transition from the more traditional "putting-out" system to the rise of the factory system. What would be the economic and social implications of this change? (Class notes and Bentley & Ziegler, chapter 29) World population was growing, so there was a demand for more finished products. Before the factories, products were produced out of people’s homes and the process took a lot of time. The factories opened and centralized the materials (and people making the products) getting made to one place. The rise of factories came about with new technologies and new machines. Entrepreneurs worked with scientists (engineers) to make machines to mass produce the goods. Started with the textile industry (imported from India and then British government banned the imports of textiles from India and then the demand became greater) because the demand for textiles was not being met with the “putting out” system. Spinning machines made thread and then the flying shuttle would weave to make cloth. Social implications included opening of schools – even for women on a positive side and as a negative side, it led to overcrowding in the cities (which led to theft and prostitution), unemployment (people traveled to the cities to work in the factories and there weren’t enough jobs to go around), health concerns (sanitation and pollution) and child labor. Economic implications would include the rise of the two different classes –...

Words: 2380 - Pages: 10

Free Essay

Progessive Era Nrj

...PROGRESSIVE ERA THROUGH THE GREAT DEPRESSION NATARSHA R. JENKINS IRINA POPOVA-NOWAK HISTORY 105 NOVEMBER 11, 2012 During the time of The Great Depression it was no one to blame. There was so much truth to this generalization but the reality of it all was much more complicated. This was the era were women’s movement came about and the progressives sought out to spread many ideas throughout the world with the best intentions in mind. The Americans economy could have really used a reboost during this time. None of the Presidents had no clues of how to fix the things that was at stake. The Women’s Right Movement and the Stock Market Crash. The women right movement was started to show that women were indeed part of nation move to reform our country. Women right to vote was the most important issue. Women no longer stayed home they worked and was being educated as well as involved in politics. Between 1890 and 1913 two groups were founded to highlight women suffrage push for reform which included women right to vote. They achieved the right to vote in 1920. Issues such as ‘’equal pay’’ the glass ceiling and political involvement are still being fought for. The Stock Market Crash internal weakness in the American economy and European economy. The major event took place during 1929 to 1933 there were over 9,000 banks closed and business investments were down to half. World War II the U.S. moved from...

Words: 655 - Pages: 3

Free Essay

Fashion and the Economy

...America. Those changes were economic, political, religious, and intellectual (Fite 15). So why were these changes so important? They were the reasons that England decided to explore and expand in the western part of the world. The decision to expand trade and commerce was the most important advancement in the history of economics (Fite 15). From the time that the Virginia colonies were settled in 1609 up until 1890, farming was the most important aspect of the United States economy (Fite 30). Although manufactured products were worth more than products produced on a farm for the first time in 1889, farming was how the majority of Americans made a living (Fite 30). Despite the fact that agriculture dominated in these early years and the industrialization of the colonies was well under developed, “there was a high degree of specialization in the colonial economy” (Fite 63). For example, there were tobacco crops in the southern colonies which were crops that produced money, and in the northern colonies there was international trade with other continents (Fite 63). All of this called for a well-organized and planned distribution system (Fite 63). America had a significant increase in its economy during the beginning of the 18thcentury (Fite 102). After the Revolutionary War was over, so was the control that the British had over the colonies’ economy. When the U.S Constitution was established in 1789, it provided a...

Words: 9534 - Pages: 39

Premium Essay

Great Depression

...1304/AN01/ World Civilization Since 1500 | History Research Paper | The effects of the Great Depression were huge across the world. Not only did it lead to the New Deal in America but more significantly, it was a direct cause of the rise of extremism in Germany leading to World War II. | Charles Sodman1/30/2014 | Introduction According to Christine Romer the Great Depression commenced in the year 1929 till the year 1939, the longest in the history of the world. The origin of the Great Depression from the year 1929 to the year 1939 has been the worry of many researchers. However, the root cause of this unfortunate happening was hard to crack. Therefore, the search was abandoned and many speculations and assumptions were made as to what really caused the Depression. (Romer) Till present, the cause of this sad event has not been found. More so, the effects of the Great Depression lead to many broke and unemployed individuals who could hardly feed themselves daily. Additionally, goods and services were priced at 10 times less their original price. (Romer) As a result, there was a practice of extremities in Germany by individuals who took advantage of the situation for personal gain leading to the World War II. (de Bromhead, Eichengreen and O’Rourke) Countries were greatly affected as the Great Depression brought about alterations in macroeconomic policies, significant changes in economic institutions, and economic theories. (Romer) The effects of the Great Depression Crash...

Words: 1579 - Pages: 7

Free Essay

The Causes of Busniness Cycles

...in bed of old age; every one was murdered by the Federal Reserve” (Dornbusch 1997). This stark view can be contrasted with its opposite in the recent literature: “[N]one of the popular candidates for observable shocks robustly accounts for the bulk of business-cycle fluctuations in output” (Cochrane 1994, p. 358). I expand the time period to consider the past century, but it is easy to distinguish the past 40 years, that is, the period since World War II. A survey of business cycle causes over an entire century runs into several problems, of which three seem noteworthy. First, it is not at all clear what “cause” means in this context. Second, the Great Depression was such a large cycle that it cannot be seen as just another data point. Third, the survey relies on the existing literature on business cycles, which is why I have entitled it an essay in economic historiography. The paper proceeds by discussing each of these problems in turn, then turning to the data, and finally drawing some conclusions from the preceding efforts. *Elisha Gray II Professor of Economics, Massachusetts Institute of Technology. The author would like to thank Caroline Richards for research assistance. All errors remain the author’s alone. 38 Peter Temin BUSINESS CYCLES: DEFINITION AND ANALYSIS The cause of a business cycle typically...

Words: 11051 - Pages: 45

Premium Essay

Herbert Hooverover: The Causes Of The Great Depression

...The Great Depression The economy of America faced a very hard time when the stock market crashed on October 1929 during the presidency of the 31st president of the United States of America, Herbert Hoover, who claimed that it was all caused by World War One. Mentioning the name, the first thing that comes to mind is the Great depression during which an enormous downfall happened after the wonderful years of prosperity. It was hard to believe how in a blink of an eye the situation rapidly changed. In the beginning of the 1930s, over 13 million people were unemployed. The whole nation came to a standstill. President Hoover, a republican, refused to intervene and instead, let the free market deal with the problem and the economic downturn morphs...

Words: 1238 - Pages: 5

Premium Essay

Great Depression

...Great Depression HIS/125 10-20-2011 Great Depression Many people credit the stock market crash of 1929 cause the Great Depression it was only one of many reasons that brought on the Great Depression in America. The Great Depression lasted from 1930 until the US entered World War II, and with the work that World War II brought to industry America was able to climb out of the Great Depression. The damage that the great stark market crash due to the economy is unparalleled in American history. It not only hurt Americans at home but also abroad, Europeans did not trust America anymore due to this crop prices abroad sunk to new lows. Farm income in America dropped by more than half (Davidson, 2005). Bank failures also spread from the rural banks to the cities, depositors rushed to withdraw their cash, this sent the American economy in a downward plunge. The automobile and construction industries also began to lag. But overall the causes for the Great Depression started earlier, that when the great crash happened. In the year 1928 to 1929 consumer spending and services dropped to 1.5%. (Davidson, 2005). The booming economy has hurt itself instead of paying workers higher wages businesses use their profits to expand their factories, this in turn led to, workers who did not have enough money to buy the products that they were making at efficiently and lower costs (Davidson, 2005). Workers started borrowing or using credit to pay. Consumer debt...

Words: 447 - Pages: 2

Premium Essay

Recession

...downs and has tried to create new procedures to ensure that the same problem does not occur again. In this presentation we are going to look at some of the recessions that the country has endured, how these recessions happened, when, and how the government attempted to correct the problem. While there are many different opinions on how to correct and prevent these recessions from happening we are going to look at the facts that lead to these crisis’ in the U.S. economy. The financial press often states the definition of a recession as two consecutive quarters of decline in real GDP. NBER (National Bureau of Economic Research) states that a recession is a period between a peak and a trough, which does not necessarily always consist of two consecutive quarters of decline in real GDP but a significant decline in economic activity that spreads across the economy and can last from a few months to more than a year. [1] The first recession we are going to explore is The Great Depression which many say started as a recession. Although the economy began to decline in the middle of 1929 and continued to fall until the first few months of 1933, Black Tuesday, (October 29, 1929) was the day the stock market crashed and what many people affiliate to the beginning of the Great Depression. Stock prices plummeted, and since many banks had also invested large portions of their clients' savings in the stock market, they were forced to close when the stock market crashed. People saw banks...

Words: 1889 - Pages: 8