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The World Economy, Money, and the Great Depression 1919–1939 (1976) Hall, Thomas E. and J. David Ferguson. The Great Depression: An International Disaster of Perverse Economic Policies (1998) Kaiser, David E. Economic Diplomacy and the Origins of the Second World War: Germany, Britain, France and Eastern Europe, 1930–1939 (1980)
Although the American economy began to recover in mid-1938, employment did not regain the early 1937 level until the United States entered World War II in late 1941. Personal income in 1939 was almost at 1919 levels in aggregate, but not per capita. The farm population had fallen 5%, but farm output was up 19% in 1939.
Dancing in the Dark: A Cultural History of the Great Depression (2009) excerpt and text search; Field, Alexander J. A Great Leap Forward: 1930s Depression and U.S. Economic Growth (Yale University Press; 2011) 387 pages; argues that technological innovations in the 1930s laid the foundation for economic success in World War II and postwar
World War II [b] or the Second World War (1 September 1939 – 2 September 1945) was a global conflict between two coalitions: the Allies and the Axis powers. Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war .
He is the longest-serving U.S. president, and the only one to have served more than two terms. His initial two terms were centered on combating the Great Depression, while his third and fourth saw him shift his focus to America's involvement in World War II.
The outbreak of World War II in 1939 ended the Depression, as it stimulated factory production, providing jobs for women as militaries absorbed large numbers of young, unemployed men. The precise causes for the Great Depression are disputed. One set of historians, for example, focuses on non-monetary economic causes.
Much property was destroyed in war. In the inter-war period, the Great Depression also caused investments to lose value. [13] During both World Wars, progressive taxation and capital levies were introduced, with the generally-stated aim of distributing the sacrifices required by the war more evenly. While tax rates dipped between the wars, they ...
Mason, Timothy and Overy, Richard "Debate: Germany, 'Domestic Crisis' and War in 1939" pp. 200–240 from Past and Present, Number 122, February 1989; reprinted as "Debate: Germany, 'Domestic Crisis' and the War in 1939" from The Origins of The Second World War edited by Patrick Finney, Edward Arnold: London, United Kingdom, 1997, ISBN 0-340 ...