During the 1930's, America witnessed a breakdown in the economy as the U.S fell into the worst depression in history. The economic depression that overwhelmed the United States and other countries was in its problems and . At the depth of the depression, in 1933, one American worker in every four was out of a job. The great industrial problems continued throughout the 1930's, shaking the foundations of Western capitalism. The New Deal describes the program …
showed first 75 words of 837 total

showed last 75 words of 837 total
…Causing an enormous growth in the economy as war goods were once again in great demand. No major New Deal legislation was enacted after 1938. All in all the Depression was a devastating event in America, and by regulating banks and the stock market the New Deal eliminated the financial problems that had help make the Great Depression. However, Roosevelt's economic tool was spending, proved to be ineffective in avoidance to major change in the economy.