History of South America

How World War 2 helped lift America out of the great depression?

World War II did not lift America out of the Great Depression. The Great Depression lasted until the late 1930s, and it was largely due to the New Deal programs of President Franklin D. Roosevelt, which included spending on public works projects, job creation programs, and financial regulations to restore confidence in the banking system, that is credited with helping to end the Great Depression.

However, World War II did help to accelerate the economic recovery that had begun in the late 1930s. The war effort created millions of jobs in the defense industry, and the government spent heavily on military equipment and supplies. This spending helped to boost economic growth and reduce unemployment.

In addition, the war helped to create new industries and technologies, such as the aerospace industry and the electronics industry. These industries would go on to play a major role in the post-war economy.

So, while World War II did not lift America out of the Great Depression, it did help to accelerate the economic recovery that had begun in the late 1930s. The war effort created jobs, stimulated economic growth, and helped to create new industries and technologies that would go on to shape the post-war economy.