Chapter

Introduction

Eric Rauchway

in The Great Depression and New Deal: A Very Short Introduction

Published in print April 2008 | ISBN: 9780195326345
Published online September 2013 | e-ISBN: 9780199365609 | DOI: https://dx.doi.org/10.1093/actrade/9780195326345.003.0888

Series: Very Short Introductions

Introduction

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The Great Depression caused a profound crisis in the US. The world that broke down in 1929 broke down for reasons that had been predicted before. The Introduction gives a brief analysis of why the Great Depression occurred. The failure to prepare the damage of the initial crisis in 1929 owed to errors of judgement and action, and the misery that followed could have been lessened. Roosevelt and the Democratic Congress of the New Deal era succeeded by correcting these errors (they also added errors of their own). This heralded an era of pragmatic experimentation, which became the basis for a generation's faith in the new American way, in both the United States and beyond.

Keywords: action; broke; Congress; Crisis; depression; Down; faith; initial; New Deal

Chapter.  2150 words. 

Subjects: Modern History (1700 to 1945) ; US History 1900 - 1945

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