During this stall, there was an increase in the unemployment rate and manufacturing production fell drastically. In response to these issues, FDR approached Congress for approximately $3.75 billion which was to be split among various agencies. This spending set the economy in motion and recovery once again began. President Roosevelt was urged by many to create a balance budget, in response, he made large cuts to government spending. Eventually, the nation returned to deficit spending. In doings so, the unemployment rate fell to practically no unemployment by1945.
Entry 5
What caused the United States to get involved in World War I? From the very beginning, America wanted to remain neutral during World War I, this would eventually prove to be impossible. America’s neutrality had been tested by the Germans on several occasions, with the sinking of ships by German U-boats. America’s ties to Great Britain, propaganda, and Germany’s attempts