36.9k views
2 votes
How was deficit spending used on the Great Depression?

1 Answer

12 votes
Congress must use deficit spending in order to end recessions. ... Roosevelt only increased the deficit by $3 billion a year to fight the Great Depression. 3 He spent around $50 billion a year to fight World War II. If FDR had spent as much on the New Deal, he would have ended the Depression.
User Smichak
by
5.2k points