20 mar 1937 año - Roosevelt Recession
Descripción:
FDR decided to do less government spending and increased spending on public works projects to increase investment
He did so after the Keynesian economic theory, which said that the government should resort to deficit spending (increased spending leads to increased demand, which increases the need for employees)
Añadido al timeline:
fecha:
20 mar 1937 año
Ahora mismo
~ 88 years ago