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The standard history teacher answer -- which you're no doubt looking for -- is World War 2. Many economists these days agree that World War 2 did not help end the Depression. However, you could say that the end of World War 2 helped end the Depression. Wars do not grow healthy economies. Wars destroy. People do not become wealthier through destruction. The reason for the confusion is that the Keynesian economics popular in the mid-20th Century taught that governments could "prime the pump" of an economy through government spending. By running deficits, growing public debt, and/or inflating their currency, a government can spend money and spur economic activity. This does create the appearance of a healthier economy, but it does not last. Real economic growth comes from capital development. Wars destroy capital (and priceless human capital). For example, if you burn your house down that creates work for carpenters who need to build you a new home. It helps the carpenters. But, on balance, has wealth been created? No. Wealth has been wasted.
FDR's New Deal helped us recover from the Great Depression. The New Deal had three main goals, which was to recover, reform and relief.
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DevinThe major world-event that brought an end to the Great Depression was World War II. Creating a great demand for arms, vehicles, and supplies of all kinds, the war infused economies around the world with renewed activity and even profit, thereby giving life to what had been a general stagnation in many of the world's modern nations.
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What came first Great Depression or world war you?
WWI was a major cause of the Great Depression.
What was the major battle or Event in the world war 2?
guns
Which 1968 event had a major impact on the course of the Vietnam War?
The Tet Offensive .
How was V-E day an important event in World War 2?
There were two major theaters in the Second Great War: the European theater, and the Pacific Theater. V-E Day was the day that the Germans surrendered to the Allied Forces and major action in the European theater ceased. The Nazis were defeated.
What was one effect of the great liberation?
the postwar decades brought a major turning point in the world history when the colonial empired built by western powers during the age of imperialism crumbled. in Asia and Africa, people demanded and won freedom.
