All these changes affects the society in different ways .The Great Depression caused many people to destruct businesses and led the government to regulate the businesses and economic affairs. All this increased regulation led to the widespread belief that the government should promise or guarantee citizens a good life, and high employment. After the depression, many people no longer trusted employers to protect workers.
As a result labor unions gained more members and grater public acceptance then ever before. Depression makes some people lose there faith in government which then brings them to not believe anybody who promises a change.
Can anyone tell me who you think was the two leaders that actually took part
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After demand for these products has been satisfied, spending drop offs resulting in contraction. Still other theories suggest that during expansion, business invest too heavily in buying.
The expanded role of the federal government came to be accepted by most all
Americans by the end of the 1930's. Even republicans who had bitterly opposed the new deal shifted there stance.
Wendle Wilkie the republican president nominee in 1940 declared that he couldn't oppose reform such as regulation of the security markets and the utility holding companies, the legal recognition of unions, or social security and unemployment allowances. What bothered him so much and not just him but other critics was extensions of the federal bureaucy. In March of 1933 president Roosevelt declared "There is nothing to fear but fear itself."
The great depression was the worst economic slump ever in the U.S History, and one which spread to virtually all of the industrialized world. ( show second paragraph of overhead) However, the main causes for the depression was the combination of the greatly unequal distributions of wealth throughout the 1920's, and the extensive stock market speculation that took place during the