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What was one financial indicator concerning the depth of the Great Depression?
Wiki User
∙ 7y ago
Financial statistics regarding the Great Depression in the US displayed how serious the problem became. One financial indicator revolved around US Gross National Product. The US's 1929 GNP was $98.4 billion. Three years later this figure was cut almost in half. In the same time period the value of manufactured goods was less than one quarter of what it was in 1929.
Wiki User
∙ 7y ago
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How did president roosevelt help farmers during the Great Depression?
President Roosevelt helped farmers during the Great Depression by giving financial assistance to them. The Tennessee Valley Authority was also launched in 1933.
What is an example economic depression?
The Great Depression
In the 1930's the US went into a severe economic state known as the?
The Great Depression
How do you use major depression in a sentence?
1. How do you use major depression in a sentence? 2. An example of a major depression is the Great Depression of the 20th Century in the USA.
Did Wall Street stock market collapse of 1929 led to the Great Depression true or false?
True, it was a cause of the Great Depression.
What was the Depression?
It was the biggest time of great financial hardship in the recent past.
What collasped during the Great depession in Austria?
financial collapsed during the great depression in Austria
What was the name of the financial era that followed the stock market crash?
The great depression.
What financial crisis was the US taken out of with the start of World War 2?
The Great Depression
What is a good analogy for the Great Depression?
The recession of 2008 and the Great Depression of the 1930s have similar beginnings. Financial meltdowns caused a reduction in consumer spending which lead to unemployment in great numbers.
How did financial crisis contribute of the Great Depression?
Postwar reparations led to hyperinflation and economic collapse in Germany.
How did president roosevelt help farmers during the Great Depression?
President Roosevelt helped farmers during the Great Depression by giving financial assistance to them. The Tennessee Valley Authority was also launched in 1933.
Did people like the Great Depression?
That's why it is called "the depression," because it was the biggest time of great financial hardship in the recent past. "The Great Depression" and "The Depression" are the same thing. Although, some people talk about us entering "a depression" sometimes, and they are talking about the economy now, not back then.
Was cash backed by gold during the Great Depression?
Yes, but that wasn't anything to do with the great depression, it was caused for many other reasons. Mainly the stock market collapse, due to the lack of financial controls on stock trading back in the day.
Where did the Great Depression?
Where did the great depression.... WHAT???-The BOLD explainer ;)
When Great Economic Depression started?
There was no 2nd Great Depression. Many thought the Great Recession would be a great depression but that was not the case. In reality, the economy was not even close to another great depression. The great depression included such things as wage fixing and pricing fixing by the government, excess public debt from WW1, Smoot-Hawley act, etc. The Great Recession was just a financial breakdown, which is bad, but not a GD.
What statement best describes how federalism changed as a result of the Great Depression (apex).?
State governments came to depend on the federal government for financial
