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Economic Homefront: How World War II Helped Bring an End to The Great Depression Eleanor, Jennie, Syd, and Audrey Kate
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The Great Depression & World War II
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What Was the Great Depression?
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What Was World War II?
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Thesis World War II was a significant factor in ending the Great Depression, because the U.S. created its own markets, built its own war materials, and according to unemployment charts of the 1940s, unemployment dropped from over 20% to approximately 1%.
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The Great Depression’s Problems & World War II’s Solutions The Great Depression’s Problems World War II’s Solutions Unemployment skyrocketedCreated more jobs for the unemployed Americans Factories were shut downUsed vacant factories to make war materials Companies went bankruptMore money in the economy
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The U.S. Built its Own War Materials Scarcity of resources Used vacant factories Enabled entirely new industrial sectors
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Factories & the People Who Worked There Closed-down factories of the Great Depression became shipbuilding and war material factories 6.5 million females joined the workforce America’s factories were at full production
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Housing Price Rate
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Unemployment Rate
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Conclusion The U.S. formed its own markets The U.S. accommodated its closed-down factories into productive war factories Housing price rates increased and unemployment declined quickly
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Bibliography “Housing Price Chart,” “Shipbuilding Factory,” http://www.pbs.org/perilousfight/_popups/home_front/industrialization/03.html “Unemployment Rate Chart," http://www.google.com/search?tbm=isch&hl=en&source=hp&biw=1280&bih=607&q=the+gre at+depression&gbv=2&oq=the+gr&aq=0&aqi=g10&aql=&gs_nf=1&gs_l=img.1.0.0l10.2391.59 53.0.7391.6.6.0.1.1.0.78.344.5.5.0.r065lTcE2yo “Women At Factory,” http://www.worldbookonline.com/advanced/media?id=pc041967&st=world+war+2
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Bibliography “Great Depression Banks,” http://www.worldbookonline.com/advanced/extmedia?id=ar234080&st=great+depression&sc=2&em=lr0023 “Airplanes During World War II,” Hyman, Louis. “How Did World War II End The Great Depression?” http://www.bloomberg.com/news/2011-12-16/how-did-world-war-ii-end-the-great-depression-echoes.html McElvaine, Robert S. “Great Depression.” http://www.nbk.grolier.com/ncpage?tn=/encycarticle.html&id=a2041569-h&type=Ot http://www.nbk.grolier.com/ncpage?tn=/encycarticle.html&id=a2041569-h&type=Ot Mitchener, Kris J., “Great Depression,” http://www.worldbookonline.com/advanced/article?id=ar234080&st=great+depression&sc=3 2012 Taylor, Nick. “The Great Depression.” http://topics.nytimes.com/top/reference/timestopics/subjects/g/great_depression_1930s/index/html?scp =1spot&sq=the%20great%20depression&st=cse# http://topics.nytimes.com/top/reference/timestopics/subjects/g/great_depression_1930s/index/html?scp =1spot&sq=the%20great%20depression&st=cse# “The American Homefront” U.S. History Online Textbook http://www.ushistory.org/us/51b.asp Tuesday, June 05, 2012
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