Sunday, April 29, 2018

5 Myths about the Great Depression and New Deal | Intellectual Takeout

5 Myths about the Great Depression and New Deal | Intellectual Takeout:
See the source image"This year marks the 85th anniversary of the New Dealthe controversial set of programs, public works, and economic reforms that President Franklin Delano Roosevelt undertook to combat America’s Great Depression
Historians commonly contend that the New Deal was pivotal in beating the Great Depression and protecting the American middle class. 
But how significant was it, actually?
Although plenty of agencies and reforms remain intact, there is much more to the story than meets the eye, as in most popular accounts of polarizing events. 
Here are five myths concerning the New Deal and the Great Depression:
1. Hoover’s “Free-Market” Policies Led to the Great Depression..."
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