Date of Award:

1964

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Economics and Finance

Advisor/Chair:

E. B. Murray

Co-Advisor/Chair:

V. L. Israelsen

Abstract

For ten years the American economy had been depressed. Unemployment haunted economic planners, low production plagued manufacturers, low incomes impoverished wage earners, and everyone hoped for the dawn of new prosperity. It was as if recovery had waited for an untrodden decade to arrive before heralding the new day. The New Deal brought Social Security for old age, insurance for bank deposits, new guarantees for labor, and a score of public work projects, but it did not bring economic recovery.

Comments

For ten years the American economy had been depressed. Unemployment haunted economic planners, low production plagued manufacturers, low incomes impoverished wage earners, and everyone hoped for the dawn of new prosperity. It was as if recovery had waited for an untrodden decade to arrive before heralding the new day. The New Deal brought Social Security for old age, insurance for bank deposits, new guarantees for labor, and a score of public work projects, but it did not bring economic recovery.

Included in

Economics Commons

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