Disclaimer: This episode was supposed to come out a few months ago, but unfortunately delays occurred.
The Great Depression was a severe worldwide economic depression between 1929 and 1939 that began after the major fall in the US stock market. It resulted in essentially somewhat of a domino effect that collapsed Europe's economies and caused US banks to go bankrupt as they did not receive their debt payments from European governments. FDR took the reins in 1932 and started many programs in an attempt to revive and recover the US economy. Although it's not certain which program was the most effective, historians debate if the war is what took the US out of the depression or FDR's programs. However, it was possible that with a set of decisions, the Great Depression could have been resolved much earlier, and in this episode we discuss this approach and the impacts and ramifications of this.
--------------------------------------------------------------------------------------------------
Want to discuss this further, or just want to contact us? Reach us on our socials!
Twitter: @BackToThePastP1 https://bit.ly/39ts3CG
Instagram: @backtothepastp1 https://bit.ly/34lcwBD
Rate this podcast! https://ratethispodcast.com/althistory
Email us if you have any questions or comments! back2thepastpodcast@gmail.com