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how did the international depression effect the Great Depression in America? the other nations weren't able to pay the tariffs, as well as trouble with trade. Study with Quizlet and memorize flashcards containing terms like stock exchange, relief, default and more.
1) people went to the banks to pull their money out. 2) people lost their savings. 3) companies began to close. Herbert Hoover. president who was expected to maintain the prosperity of the 1920s, blamed for the depression and as a result people began to name bad things after him to show he was the reason for their problems.
Study with Quizlet and memorize flashcards containing terms like The Social Security Act affected the role of the federal government by creating a government-administered _____ program., People stood in _____ to get food, partially the result of widespread business failures., The primary issue faced by the federal government at the onset of the ...
26 sty 2018 · Explore how the Great Depression of the 1930s forced America to consider having a social safety net, leading President FDR to sign the Social Security Act into law via his New Deal...
During the Great Depression of the 1930s, unemployment devastated the lives of individuals and undercut the nation's economy. Older Americans as a group were particularly affected by this economic crisis.
The Great Depression was clearly a catalyst for the Social Security Act of 1935, and some of its provisions—notably the means-tested programs—were intended to offer immediate relief to families. However, the old-age insurance program—the precursor to today's Old-Age, Survivors, and Disability Insurance, or Social Security, program—was ...
11 kwi 2023 · During the Depression, with so many Americans suffering, lawmakers, economists and others debated whether the nation should create a federal old-age pension or an assistance program.
