Skip to main content Accessibility help
×
Hostname: page-component-848d4c4894-cjp7w Total loading time: 0 Render date: 2024-06-24T17:52:53.705Z Has data issue: false hasContentIssue false

21 - Who Wrote the Best Closing Line of Modern Literature?

The Great Depression and the New Deal

Published online by Cambridge University Press:  30 August 2022

Johan Fourie
Affiliation:
University of Stellenbosch, South Africa
Get access

Summary

By November 1932 the United States economy was in a deep depression. The unemployment rate was above 20 per cent, the highest it had ever been, and the production of goods and services had fallen by 28 per cent since its peak in 1929. America needed fresh ideas.

It found them in a new president. During the first hundred days of his presidency Franklin D. Roosevelt, together with a largely Democratic Congress, instituted a broad range of spending and lending programmes and various new regulations that would collectively become known as the New Deal. The range of programmes included things such as state and local public works initiatives, temporary relief for the unemployed and the payment of farm subsidies.

Type
Chapter
Information
Our Long Walk to Economic Freedom
Lessons from 100,000 Years of Human History
, pp. 121 - 126
Publisher: Cambridge University Press
Print publication year: 2022

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×