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The Great Depression Summary

The Great Depression Summary - The Great Depression Summary...

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The Great Depression Summary & Analysis The Big Picture: Who, What, When, Where & (Especially) Why The Great Depression plunged the American people into an economic crisis unlike any endured in this country before or since. The worst and longest downturn in our economic history threw millions of hardworking individuals into poverty , and for more than a decade neither the free market nor the federal government was able to restore prosperity. The Depression provided the impetus for President Franklin D. Roosevelt's New Deal, which forever changed the relationship between the American people and their government, and which is usually considered to be one of the most significant periods of political reform in American history. In retrospect, it became easy to view the New Deal as the natural response to the Depression. At the time, however, the New Deal was only one of many possible responses to an American capitalist system that had seemingly lost its way.
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