Topic: History of the world will include events from 18th century such as industrial revolution, world wars, redrawal of national boundaries, colonization, decolonization, political philosophies like communism, capitalism, socialism etc.— their forms and effect on the society.
2. The New Deal policies implemented during the 1930s and the economic effects of World War II both played important roles in mitigating the Great Depression. Elaborate. (250 words)
Difficulty level: Tough
Reference: Insights on India
Why the question:
The question is part of the static syllabus of General studies paper – 1.
Key Demand of the question:
To write about how the new-deal and the starting to world war-II ended the great depression.
Directive word:
Elaborate – Give a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.
Structure of the answer:
Introduction:
Begin by defining The Great Depression.
Body:
First, write about Roosevelt’s New Deal – Works Progress Administration (WPA), the Tennessee Valley Authority (TVA) However, increases in government spending and expansionary effect on the economy., positive effects on consumer and business sentiment.
Next, write about the World War-II role in the recovery of the U.S. economy. Military build-up, expansionary fiscal and monetary policy, widespread conscription beginning in 1942, full employment.
Conclusion:
Summarise the impact of the above two in ending the recession.
