The Great Depression and the Welfare State

The Great Depression

Hoover and the Great Depression

Roosevelt and the Great Depression

The New Deal - new institutions, policies and political-economy relations - structural reforms - progressive era foundation

Impact of New Deal policies

National Industrial Recovery Act - NRA (1933-1935)

Agriculture policy - production controls via cartels to reduce oversupply of commodities

Financial Regulation


Labor - reduced conflicts through collective bargaining - promoted stability

The National Welfare State

Short term relief - Roosevelt opposed to dependence on government relief

Long term relief

Growing Costs of Welfare State

International Comparisons

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