Franklin Roosevelt made a number of suggestions to spur the economy and help end the Great Depression, including introducing basic banking and welfare reforms. While many of his programs did not take effect until much later, his ideas and programs have lasted throughout the years.Know More
Because FDR refused to run up the federal deficits that ending the depression would require, many programs were voted down in both chambers of congress. Some of these reforms included a federal program for health care, a full-employment act, an increase in the minimum wage and an increase in Social Security benefits. FDR's New Deal did help restore the Gross National Product (GNP) to its 1929 level, but it was not the main factor in ending the Great Depression.
The main events that helped to create an end to the Great Depression occurred when the federal government imposed rationing on items such as milk, gas, fabric and other food items; recruited six million defense workers, including women and African Americans who were not allowed to work in these type jobs prior to this time; drafted six million soldiers and ran massive deficits to end World War II. FDR was still elected to an unprecedented four terms due to public approval.Learn more in US History
Soup kitchens were widespread during the Great Depression and offered some people the only food that they had to eat during those difficult days. Churches and charities opened soup kitchens to provide what was typically a simple meal of soup and bread to hungry masses.Full Answer >
France responded to the Great Depression with tax hikes, spending cuts, collective bargaining, a 40-hour work week, paid vacations and a partial nationalization of the Bank of France. Many of these reforms were suspended later in the Great Depression, and France's leadership steered recovery efforts in a more business-oriented direction.Full Answer >
President Herbert Hoover approached the problem of the Great Depression by promoting his vision of private sector and government cooperation; urging businesses, banks, and government to act in the best interest of the country. As the depression worsened, he signed legislation for public works projects and increased government spending.Full Answer >
Reasons for the Great Depression include the stock market crash of 1929, the dust bowl storms of the Midwest, uneven distribution of wealth and rapid industrial expansion. A universally accepted list of causes does not exist, however.Full Answer >