1. The Great Depression
... decline and stagnation, was not immediately apparent or even imagined by the direst Cassandras of 1929. (Himmelberg, 8) The most recent depression, after World War I, had been deep but short lived. The thinking from 1929 through much of 1930 was that this depression too would be brief, and to ... Act, which established a system of old-age pensions and unemployment insurance that endures to this day, and still another was the Public Utility Holding Company Act, which created the basis for a much more forceful federal regulation of the electric power industry. By the fall of 1936, FDR coul...
- Word Count: 5420
- Approx Pages: 22
- Has Bibliography
- Grade Level: Undergraduate