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how did the great depression affect the role of the federal government

Sagot :

jcherry99

Answer:

Explanation:

Several things happened.

  • The first and most important was the government created deficit spending. That's an import term to know -- especially now. It means that it spent more than it took in.
  • That spending created a larger debt than had seen before.
  • That spending created a trend that has been broken only once in the last century (Clinton's Administration).
  • The Federal Government became an employer. It paid for projects with deficit spending. (The government did worthwhile things with the Money it spent.
  • It created corporations, at least one of which it still owns TVA: Tennessee Valley Authority which provides electricity to Tennessee and some surrounding states.)
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