The Great Depression and Recovery: Two approaches.
This paper examines the U.S. and Germany and how they approached recovering from The Great Depression. Franklin Delano Roosevelt pushed a flurry of legislation that put the federal government into the American economy in an unprecedented manner. Different agencies were formed to battle The Great Depression, Roosevelt dubbed this action the New Deal. The Germans implemented the Reinhart Plan that called for increased government spending towards three sectors, public works such as roads, canals and renovation of office-buildings. The author believes that the National Socialist intervention in the economy was far more radical than was the New Deal. 8 pgs. 9 f/c. 5b.