The most important factor in reversing the economic decline of 1929-1933 was that

Question

Quizplus · Accepted Answer

The federal government's massive spending through programs such as the New Deal had the greatest impact in reversing the economic decline of 1929-1933. This spending created jobs, stimulated consumer spending, and ultimately led to an increase in economic activity. The other options, such as a balanced budget, a rising stock market, and increased optimism, were either not significant enough or were a result of the government's spending policies.

The Most Important Factor in Reversing the Economic Decline of 1929-1933