Macroeconomics the Great Depression Was Term Paper

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With a decreasing demand, the economy could no longer produce to the same levels, pressured by price deflation as well, so the spiral continued to tail the economy downwards.

The New Deal measures produced the exact reverse effects.

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In this sense, stimulating the economy with new governmental programs and increased governmental spending meant that new jobs were created and that the economy gradually resumed its growth......

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"Macroeconomics The Great Depression Was" (2006, October 13) Retrieved July 1, 2025, from
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