3 ms·
The great depression was made worse because as things recovered, rates stayed the same. Eventually there wasn't interest to lend against and the market seized.
by downrightmike 8y ago
The great depression was made worse because as things recovered, rates stayed the same. Eventually there wasn't interest to lend against and the market seized. And even though The New Deal helped, but it was the massive build up to WWII that allowed recovery to happen.