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October 28, 2007

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The New Deal definitely help aided America in getting out of the Great Depression. With the help of Congress, Roosevelt's plan to get America out of its current disposition made a tremendous impact on society. With the emergence of The Civilian Conservation Corps, The Public Works Administration, and The Federal Deposit Insurance Corporation, America was definitely on its way to recovery. It is my belief that FDR, in many ways, had indeed, "acutally saved the country." Sweden suffered severely during the early years of the Great Depression. In the early 1930s unemployment rose, and reductions in wages caused a series of harsh labor conflicts. The election of 1932 brought a considerable advance to the Social Democratic Party, and to some extent to the Farmers' Party as well, and led to a Social Democratic administration under the leadership of Per Albin Hansson. It offered a comprehensive policy to fight the crisis, including extensive public works and a number of moves in support of agriculture. The economic crisis of the '30s was overcome more rapidly in Sweden than in most other countries. As early as 1936, wages had reached their old level, and by the end of the decade unemployment had become insignificant. Great Britain remained in a kind of chronic slump, which was the result of its loss of overseas markets and which was intensified by its refusal to devalue the pound in the 1920s and Germany responded by massive inflation, because of the continuing struggle with France over war reparations.
Posted by      courtney a. at 5:58 PM CDT

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