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Unformatted text preview: why would it be phi sable to produce more of them. Employers could have given their employees raises but this wouldn’t have fixed the problem. The laws of supply and demand made the industries drop their level of output to compensate for their loss of overall profit. This made there be less work, overage of products, and a failing economy. The Great Depression came to an end when the U.S. started making war goods for Britain. This created many jobs which allowed people to earn money and begin spending again. President Roosevelt also had an impact on the recovery of the Great Depression. He made new policies, changed how things in the economy went and created different agencies to help with the situation. That helped to create more jobs and demand eventually caught up with the supply due to the labor market increase....
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This note was uploaded on 09/12/2010 for the course XECO XECO 212 taught by Professor Kristinpaul during the Fall '10 term at University of Phoenix.
- Fall '10