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However, Black Tuesday (October 29, 1929) led to the Great Depression, a time of economic downturn and mass unemployment. Consequently, the U.S. government established the New Deal, a series of reform programs that intended to assist those affected by the Depression. The New Deal has varied success. However, once the U...
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Consequently, the U.S. government established the New Deal, a series of reform programs that intended to assist those affected by the Depression. The New Deal has varied success. However, once the U.S. entered World War II in December 1941, the economy quickly recovered, so much that the U.S. became a world superpower by the dawn of the Cold War...
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