Great depression threatened the people's faith in democracy
Explanation:
After the election of 1932, a friend told President Franklin D. Roosevelt that if he succeeded he would go down in history as the greatest American President. Roosevelt replied, "Yet if I fail, I may be the last one." This response reflected President Roosevelt âs belief that: Great depression threatened the people's faith in democracy.
The Great Depression was a severe worldwide economic depression or meltdown that took place mostly during the 1930s depending on the nation but begins in the United State, it was the worst ever economic downturn in history lasting from 1929 to 1939. It began after the stock market crash of October 1929 which wipe out millions of dollar of investors, other cause includes bank failure, prior over production of manufacture goods and drought. President Franklin D. Roosevelt came into power during this period.
The five-year plans do not certainly justify the tremendous cost borne by the soviet people. This is because the plan only brought glory to Stalin but did not improve the welfare of the people as is reflected in the economic gap between the Soviets and other western democracies
