Summer School 7: The Great Depression, the New Deal and how it changed our economy
21 August - 35 mins
Podcast Series
Planet Money
Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School.
When we last left the United States of America in our economic telling of history, it was the early 1900s and the country's leaders were starting to feel like they had the economic situation all figured out. Flash forward a decade or so, and the financial picture was still looking pretty good as America emerged from the first World War.
But then, everything came crashing down with the stock market collapse of 1929. Businesses closed, banks collapsed, one in four people was unemployed, families couldn't make rent, the economy was broken. And this was happening all o...
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