Why did the great depression take so long to end?

Answer 1

The Great Depression started due to economic problems in the farming and mining industries. After Franklin Roosevelt took office he tried to help these industries with several economic recovery programs. Most of these programs were ineffective at restoring prices or wages to pre-crash levels. The economy was not able to fully recover until the United States began making supplies for World War II.
The Great Depression was a massive global economic recession that ran from 1929 to 1941.

Answer 2

Many businesses failed and very few new jobs were created. Many insurance companies and banks failed and investors lost their savings. Farm prices dropped and middle-America farm families suddenly had little or no income. Often they could not pay mortgages and were forced off the land. Others were forced into substinence farming, that is, farming simply to raise food to avoid starving.

Answer 3

The continued government infusion of cash into the second new deal by Roosevelt made the private sector leary of investing money into business.

Answer 4

FDR got cold feet and tried to placate the business interests, removing the government stimulus at a time when it was still needed.

Answer 5

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