E. The Depression was a major challenge to governments. 1
{"Image DocumentName": "E. The Depression was a major challenge to governments. 1", "Image ImageDescription": "E. The Depression was a major challenge to governments. 1. capitalist governments had thought that the economy would regulate itself 2. the Soviet Union \u2019s economy had grown throughout the 1930s 3. in response, some states turned to democratic socialism, with greater regulation of the economy and more equal distribution of wealth 4. the New Deal (1933\u20131942) in the United States a. Franklin Roosevelt\u2019s administration launched a complex series of reforms b. influenced by the British economist John Maynard Keynes c. Roosevelt \u2019s public spending programs permanently changed the relationship between government, the private economy, and individual citizens d. didn\u2019t work very well: the U.S. economy only improved with massive government spending because of WWII 5. Nazi Germany and Japan coped the best with the Depression.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}