The Dow Jones Industrial Average What does the Dow Jones industrial average measure? Based on the chart, summarize the stock trends on the Dow Jones Industrial Average. Source: Casey Research Government Spending (in current dollars) Why is government spending highest in 1939? Government President Year Spending Hoover 1929 $9.4 billion Average 1930 $10.0 billion spending as 1931 $9.9 % of GDP – 1932 $8.7 12.0% In your own words, summarize the information 1933 $8.7 in the graph. 1934 $10.5 FDR 1935 $10.9 Average 1936 $13.1 spending as % of GDP 1937 $12.8 – 15.4% 1938 $13.8 1939 $14.8 Source: BEA How did the New Deal change government spending? E. Using the information from the documents and your knowledge of social studies, write a paragraph in which you address the following question: -Was the New Deal a success or a failure? Be use specific evidence to support your answer.
The Dow Jones Industrial Average What does the Dow Jones industrial average measure? Based on the chart, summarize the stock trends on the Dow Jones Industrial Average. Source: Casey Research Government Spending (in current dollars) President Year Government Spending Hoover Average spending as % of GDP – 12.0% 1929 $9.4 billion 1930 $10.0 billion 1931 $9.9 1932 $8.7 FDR Average spending as % of GDP – 15.4% 1933 $8.7 1934 $10.5 1935 $10.9 1936 $13.1 1937 $12.8 1938 $13.8 1939 $14.8 Why is government spending highest in 1939? In your own words, summarize the information in the graph. Source: BEA How did the New Deal change government spending? E. Using the information from the documents and your knowledge of social studies, write a paragraph in which you address the following question: -Was the New Deal a success or a failure? Be use specific evidence to support your answer.