The Great Depression 8

When you mention the Great Depression, many people think of the poor farmers in the Oklahoma Panhandle whose livie hoods were blown into the sky by years of drought and dust storms. The Great Depression had a devastating impact on the nation, spreading across the countryside and bringing hardship to big cities and small towns. No social, racial, or economic class was excluded. At the depth of the depression, in 1933, one American worker in every …

…had bitterly opposed the New Deal shifted their stance. In other countries the depression had even more profound effects. As world trade fell off, countries turned to nationalist economic policies that only worsened their difficulties. The depression was thus a time of massive insecurity among peoples and governments, contributing to the tensions that produced World War II. Ironically, however, the massive military expenditures for that war provided the economic stimulus that finally ended the depression.