M04 Next Steps

In this module on the Great Depression, you learned about some of the primary reasons that the U.S. economy was vulnerable in the years preceding the Great Depression. Some of these vulnerabilities had existed for decades and formed the foundation for many of America’s economic and social issues. Some vulnerabilities were newer or had become far more relevant during the early 20th century. The results of the Great Depression can also be thought of as “lessons learned.” These are the events, movements, ideas, or conditions that came into existence because of the Depression, but were maybe not direct results of the stock market crash or subsequent financial crisis. In a historical context, results are often measures taken in order to try and end a situation or they are measures taken in order to prevent a similar event from happening again in the future. Results could be things that took place before the Depression even ended, such as the repeal of Prohibition, or they could have occurred over a longer period of time, such as the cultural and political shifts in American society that took place during and after the Great Depression and were manifested in programs like Roosevelt’s New Deal.

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