What was the relationship between World War II and the Great Depression in the United States?
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16/09/2022
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What was the relationship between World War II and the Great Depression in the United States quizlet?How did World War II end the Depression? The US government's reaction to its entry into WWII was to institute massive deficit spending, and the conscription of all able bodied young men for the war effort, thus creating a full-employment economy which was the immediate end to the Great Depression.
How did World War 2 affect the economy during the Great Depression?World War II had a profound and multifaceted impact on the American economy. Most obviously, it lifted the nation out of the Great Depression of the 1930s. As late as 1940, unemployment stood at 14.6 percent; by 1944 it was down to a remarkable 1.2 percent, and the gross national product (GNP) had more than doubled.
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