In fact, the second World War helped USA grow out of its economic misery caused by the Great Depression.

Question

Read the following paragraph and answer the question.

“  In fact, the second World War helped USA grow out of its economic misery caused by the Great Depression. Far from the theatres of war, the industries and agriculture of USA prospered and achieved full employment and high productivity. In Harry Truman’s words, “We have emerged from this war as the most powerful nation in the world.” 

How do you think the Second World War helped USA grow out of its economic misery from the Great Depression? Write your comment.

Answer 1

The Great Depression began around the end of 1929 and lasted almost till 1939 when the World War-II began. There was a sudden fall in the American stock market. 

This effected almost all the nations in the world. Roosevelt, the US President, announced ‘The New Deal which promised Relief to the victims of Depression. However, the real break came from the outbreak of war when state expenditure on armies and armaments suddenly increased giving a big boost to factory production and demand for farm produce. Thus the Second World War helped USA grow out of its economic misery from the Great Depression.