Was the Depression over by the time the gvernment finally admitted a recession was possible in the 1930's?

Question

Was the Depression over by the time the gvernment finally admitted a recession was possible in the 1930's?

Answer 1

FDR became president in '32 during the early years of the Depression with the promise he'd lead the country out of the Depression. He was re-elected again in '36, still during the Depression, because he was doing exatly that. The Depression didn't end until around 1940 or so.

By the time FDR was first elected the government had already admitted that things were bad.

Answer 2

The Depression started in 1929 and ended in the early 1940s, so it would be the early 1940s when that would happen.

Answer 3

No.  The depression didn't end until WW2 started.  Everyone knew there was a depression after the bank failures and the stock market crash of 1929.  A recession has a very specific definition, when we meet that criteria, it becomes a recession. We are nearly there.

Answer 4

No. Once FDR was elected president he passed a series of acts within his first hundred days in office that helped the economy a small bit, but it wasn't until World War 2 that America was truly out of the Depression.