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Old 11-21-2008, 09:05 PM
 
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What brought about the ending of the Great Depression for America?
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Old 11-21-2008, 09:12 PM
 
Location: Oregon Coast
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World War 2 People became employed then.There were men sent to fight the war, and people at home to make weapons.
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Old 11-21-2008, 09:15 PM
 
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Originally Posted by Motion View Post
What brought about the ending of the Great Depression for America?
100%, positively WWII!! Got the economy moving big time!
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Old 11-21-2008, 09:32 PM
 
Location: St. Joseph Area
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Wasn't the economy doing so so before WWII? I know it wasn't as bad as it was in the early thirties. I will agree though that WWII definitely put the Depression behind us for good.
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Old 11-21-2008, 09:36 PM
 
Location: Dallas
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Originally Posted by cleveburg View Post
100%, positively WWII!! Got the economy moving big time!
Maybe for americans at home but not for the 50 million people who were killed nor the hundreds of millions whose homes and livelihoods were destroyed.

As Roger Waters said ...

"... when the fight was over we spent what they had made ..."

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Old 11-21-2008, 09:48 PM
 
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Things were getting better until 1937 when, as recently Paul Krugman reminded George Will, Roosevelt attempted to balance the budget by cutting spending which sent the economy downward until the onset of WWII, which of course saw massive influx of government spending which stimulated full industrial employment. I might add that all of those new wages earners had very little to buy during the war years due to rationing of materials so that when the war did ended, there was an ample supply of money in the hands of consumers to fuel the conversion of war time industry to consumer products.
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Old 11-21-2008, 10:31 PM
 
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From the study I have done it wasn't until well after WW2 when the economy started functioning again.
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Old 11-21-2008, 11:11 PM
 
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GDP rose rapidly from 1940 to 1944 and leveled off with a small dip in 1947.



Chart of US Gross Domestic Product, 1929-2004
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Old 11-22-2008, 06:31 AM
 
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Sure was, WWII ended it. No doubt about it.
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Old 11-22-2008, 06:58 AM
 
Location: NC
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WWII ended it and then the recovery was helped along by the fact that America was the only industrial power not left in ruins and thus much of the world's goods had to be purchased from the United States.
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