Purchase Solution

Federal Response to the Great Depression

Not what you're looking for?

Ask Custom Question

Identify at least two (2) causes of the Great Depression. Discuss whether or not you believe that the federal response to the Depression encouraged economic growth and confidence. Provide a rationale for your response.

Purchase this Solution
Solution Summary

This solution of 514 words identifies two causes of the Great Depression in detail and also discusses the federal response to encourage economic growth and confidence.

Solution Preview

Hello;

There were many causes of the Great Depression. Many historians have concluded that these factors all combined to create a perfect storm that really resulted in the greatest financial panic and depression the country has ever seen. It is important to remember that, up to this point, the mood in America was fantastic. People were optimistic about the future and employment opportunities were ripe with ambition and hope. As a result, the two factors I will briefly touch upon turned the feeling of optimism sour, resulting in a depressed mood throughout America.

As a result of the stock market crash and ensuing bank failures, people simply no longer had much, if any, disposable income. As we know, America is capitalistic country that depends on consumption. This ...

Solution provided by:
Jason Blair, MA, PhD (IP)
Education
  • BA, Arizona State University
  • MA, University of Phoenix
  • PhD (IP), North Central University
Recent Feedback
  • "thk u"
  • "Thk u"
  • "Thk u"
  • "Thank you! Posted one more."
  • "Thk u"
Purchase this Solution
Free BrainMass Quizzes
Imperialism in China

The quiz is about the competition of the imperial powers in the Far East to control the territories of China and Korea. It also reflects the factors which led to World War I

US World History Test II

Major Events from 1452 to 1877

America Fighting for Good - World War II : 1940 - 1945

The quiz will test your knowledge of America and its role in World War II - how it avoided the war, got involved and emerged as a world power and forever losing its isolationist policy.

Discovering the Age of Discovery

In 1492 travels and contact between the Americas and Europe impacted cultures across the Atlantic Ocean. The Age of Discovery is an important time period in history. This quiz offers a brief introduction to this time period with key highlights.

US World History Test I

Discusses the events that happen during the 15th through the 19th Century.

View More Free Quizzes
Related BrainMass Solutions

  • Herbert Hoover and the Great Depression

    567547 Herbert Hoover and the Great Depression Herbert Hoovers views on the Great Depression, such as: Causes of the Great Depression? General description of response to Depression? Beliefs that guided him in his attempt to solve it?

  • Classical and Keynesian schools of economics

    Question Two What are the differences between the Classical and Keynesian schools of economics? What was each schoolâ??s response to the Great Depression? How was the Great Depression ultimately alleviated?

  • The New Deal and Ending the Great Depression

    541715 The New Deal and ending the Great Depression The impact of the New Deal's success or failure in ending the Great Depression. To what extent was the New Deal successful in solving the economic crisis of the Great Depression?

  • Great Depression

    130073 Great Depression Evaluate President Herbert Hoover's policies to curb the Great Depression. Interesting question! Let's take a closer look. RESPONSE: 1. Evaluate President Herbert Hoover's policies to curb the Great Depression.

  • The New Deal and the Government

    The New Deal and the legislation introduced to combat the serious repercussions of the Great Depression forever changed the role of the federal government.

  • What caused and ended the Great Depression?

    510478 What caused and ended the Great Depression? What caused of the Great Depression. What programs, initiated by the Roosevelt administration, were designed to put Americans back to work and end the Great Depression?

  • Federal Reserve's Role in the Great Depression

    Research proposal outline suggestions on the topic of the Federal Reserve's role in the Great Depression. Listing of possible references.

  • Is Government economic intervention a necessity?

    Roosevelt's response to the Great Depression. Roosevelt and the Congress enacted a host of new laws that gave government the power to intervene in the economy.

  • Actions of Roosevelt during the Banking Crisis

    This solution contains the efforts taken by Roosevelt to solve the banking crisis during the period of Great Depression. The great depression is examined.

View More Related Solutions