As seen in Document J this jobs did help to greatly lower the percentage of unemployed between 1935 and 1938. Although the work of the WPA did not completely solve the enormous problem it was certainly a move in the right direction, bringing the USA closer to the complete extermination of the unemployment problem, which was finally achieved after the second world war. This New Deal, fueled by organizations such as the WPA, completely revolutionized the role of the federal government. Coxey had advocated for actions similar to the new deal decades before but his ideas were shut down because the government had such close ties with big. However now, in such drastic times, the federal government realized that it needed to help the common people directly through providing more Jobs.
Stalin’s five year plans did improve the Russian economy due to heavy industry increased the production of steel, iron, oil and coal. However, the five year plan was unsuccessful in terms of consumer goods and labour productivity. Additionally, the plans did not fully succeed in fulfilling Stalin’s targets for war preparation. Heavy industry was successful in improving the economy primarily due to the first three five year plans. Evidently, Industries like coal steel and iron grew enormously.
Other than Witte the only Russian Leader to have made such a big of an impact on Russian industrialisation is Stalin and his five year plans. His time in power saw the narrowing of the gap between Russia and the west which surely was a sign that Russia was on the right path, but it’s important to remember the Wall Street crash of 1929 sparked a worldwide depression, which allowed Russia to catch up in a sense since the depression prevented the west from experiencing any type of growth. Since Industrialisation became a key focus point for each leader, a main issue which had to be dealt with was the creation of large population of inner city workers, who would primarily work in the cities. Before Witte’s Great Spurt the percentage of the population who were workers made up around 0.75% of the population, during and after his Great Spurt this figure rose to approximately 1.25%. This is in stark contrast to the west where the average percentage of the population in work was much higher.
By 1946, unemployment was reduced to 2.5% and this was in spite of huge post war problems such as shortages of raw materials and massive war debts. One way in which the government kept almost full employment was through nationalisation where the government took control of certain industries such as iron and steel production. Under this managed economy the government could use tax to keep an industry afloat even if it faced economic difficulties. This is a controversial topic as it was unclear how significant nationalisation was in creating jobs. Above all the Marshall plan was created as an initiative to provide massive loans for post war reconstruction and both the unemployment benefit and the massive rebuilding programme helped relieve idleness.
They both entered office with a declining economy on the brink of recession and their main aims were to secure the country’s wealth. Both Reagan and Thatcher sought to become financially stable economies and both achieved this largely by cutting income tax rigorously making it very difficult for any following administration to raise it thereafter. It was a noteworthy strategy of both administrations to reduce the power of the government. They did this by privatising nationally owned enterprise, dismantling the welfare state and reducing the power of the unions therefore transferring economic power form state back into private hands. Neither managed to curb public spending totally but they did manage to change attitude towards it which transferred to subsequent governments.
How successful was Stalin’s economic policy In terms of how successful was Stalin’s economic policy we need to take into consideration the successes and failures of collectivisation, moreover the economic successes and failures, and also the limitations the three five year plans. In reference to the successes of collectivisation, this included economic accomplishment for the government whereby the state procurement did not decline in which the government had collected all the grain they needed in order to sell it abroad to pay for industrial equipment, moreover in relation to achievement due to collectivisation the peasants had fled to the towns which meant there was more labour for setting up factories, which helped in Stalin’s dream of rapid industrialisation in Russia. Furthermore in mention of successes for the government and undoubtedly a success for Stalin’s economic policy; collectivisation was a political success. The party gained control of the villages and this meant the government did no longer have to bargain with the peasants anymore moreover collectivisation in terms of a political success for the government it was an essential part of modernising Russia. However the failures of collectivisation may contradict the theory of Stalin’s economic policy being a success; whereby this is in relation to how collectivisation resulted in both economic failure and human cost.
Through examining these factors this essay intents to argue that popular policies did help the Nazis remain in power to a small extent, however the other factors also were required. The presence of force confirms that Nazi remaining in power did not rely solely on genuine support. On the one hand there is evidence that the Nazis introduced popular social and economic policies which won them support to enable them to stay in power. Most significantly was the drop in unemployment. This dropped from just below 6 million when Hitler came to power to 250,000 in 1938 and had disappeared by 1939.
The economy was just recovering from the great Depression. Politics was one of the main reasons why WWII started. In the 1940’s the society was very different from our own. Not a lot of technological advances were made but the war had an immense impact on people’s lives. The youth culture had declined during the Great Depression, but then in 1945 it reemerged.
The Cause of the Great Depression The Great Depression is the most important economic event in American History. While it is widely believed that the crash of the stock market in October of 1929 was the cause of the Great Depression, there were many other factors and long-term causes that developed in the years prior to the depression. One factor that led to the Great Depression was the over-production of goods and supplies, While the average works wages remained the same, the prices of the goods being produced went up. Factories and farms continued to produce goods at the same rate while the demand for the goods was decreasing. As a result of the lower demand for goods, more and more workers became unemployed until about one quarter of