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WW2 and the economy of the Great Depression

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posted on May, 22 2010 @ 11:39 PM
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How come World War 2 fixed the economic issues of the United States during the final years of the Great Depression? President Franklin Roosevelt did do a lot of good for the people during the Great Depression. But President Roosevelt and President Hoover still did not do much to change the economy of the country. Which WW2 fixed! Now I don't understand wining a war can fix the major problems of the economy. Can someone help me out of this big issue?




posted on May, 23 2010 @ 12:45 AM
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A History of The United States
Since 1864
T. Harry Williams, Richard N. Current, Frank Freidel


Page 704

Businessmen Go to Washington

President Eisenhower established a busi-
nessmen's administration in Washington.
He appointed the president of General
Motors, Charles E. Wilson, to be Secre-
tary of Defense; George Humphrey,
president of M. A. Hanna and Co. (once
Mark Hanna's firm), to be Secretary of
the Treasury; a New England manu-
facturer, Sinclair Weeks, to be Secre-
tary of Commerce; and two automobile
distributores, Douglas McKay and Arthur
E. Summerfield, to be Secretary of the
Interior and Postmaster General. The
new Secretary of State, John Foster
Dulles, had been one of the highest-
paid corporation lawyers in the country.
The Secretary of Agriculture was
Ezra T. Benson, a conservative specialist
in farm marketing; the Secretary of
Health, Education and Welfare (when
that department came into existence in
April 1953) was Mrs. Oveta Culp Hobby,
wartime commander of the WACS and
wife of wealthy Texas publisher; the
Attorney General was Herber Brownell,
who had been legal aid to Govenor
Dewey; the Secretary of Labor, who
resigned before the year was out, was
Martin Durkin, the pro-Stevenson presi-
dent of the plumbers' union. ''Eight
millionaires and a plumber,'' the New
Republic
disrespectfully remarked. Wil-
son at the hearing on his appointment
played into the hands of Democratic
critics by testifying that he had long as-
sumed that ''what was good for our

country was good for General Motors,
and vice versa.'' A few days later,
Stevenson declared in a speech: ''While
the New Dealers have all left Washing-
ton to make way for the car dealers, I
hasten to say that I, for one, do not be-
lieve the story that the general welfare
has become a subsidiary of General
Motors.''



WW2 helped our economy because
if we were going to have a war any-
way big buisness is coming back to
the table, but not for our welfare?


David Grouchy



posted on May, 23 2010 @ 01:18 AM
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reply to post by Romantic_Rebel
 


The big factories that were created during WW2 to produce equipment
and such for the war were turned to making consumer goods.

That led to the consumer economy and that was ok til it became
a debt driven consumer economy and the government and big
business became corrupt to the core.

The US went thru massive industrialization during WW2 and that
led to jobs for ppl here in the US.

There are other factors listed here as well:

The Great Depression - afterwards

"By the end of 1941 the GDP in the U.S. had doubled, and elevated by 25 billion dollars. Defense spending and military mobilization had spurred one of the greatest booms in American history during the war, thus, ending the depression.[21]"



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