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The Great Depression

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The New Deal

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4º e.s.o.
contemporary history
 Edad recomendada: 15 años
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Gehistart Artgeo
Gehistart Artgeo
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The Great Depression

The New Deal

Gehistart Artgeo
1

Roosevelt Deal democratic Italy Britain low forced intervention Subsidies Germany Maynard liberalism overproduction unemployment Keynes' consumption investment John Unemployment employment investment economy France

The economist ideas became popular as the best method to solve the economic problems in the 1930s .
Keynes proposed state in the to stimulate , and .
The US president , Franklin D . , implemented these ideas after taking over the presidency in 1933 . His economic policy was known as the ? New ? . New measures , quite different from the classic , were put in place :
? Banks were to offer interest rates
? to farmers and industries were given to reduce production and put an
end to
? Working hours were reduced
? Minimum wage were established
? benefits were created
? Public in infrastructure increase to reduce .
Other countries adopted similar measures either in a regime , such as or , or a dictatorship , such as or .

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