The recession of 1937-38 could be blamed on

Name: The recession of 1937-38 could be blamed on
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The recession of 1937-38 can be primarily attributed to the Roosevelt Administration's attempt to balance the budget. After several years of deficit spending under the New Deal, President Roosevelt shifted focus to reducing the budget deficit in 1936, which led to a decrease in government spending and a slowdown in economic growth. This policy tightening contributed to the recession that followed in 1937-38.

The Recession of 1937-38 Could Be Blamed on