Answer to Question #79117 in History for Jordan Johnson

Question #79117
What economic and political challenges did the Great Depression create for the movie industry before 1933?What economic and political challenges did Franklin Roosevelt’s New Deal create for the movie industry after 1933?
1
Expert's answer
2018-07-17T03:52:18-0400
The social impact of the Great Depression was enormous since extraordinary hardships cut industrial output in half by 1933. Anyone who had a little money was lucky and could go to the movies, but still, there were no federally financed welfare programs to keep the working class from falling into poverty. The industry began to rebound just after the years of 1932 and 1933, in part because of New Deal legislation. Roosevelt’s New Deal supported a strategy for recovery to permit certain monopolistic practices by major industries, including the movie industry that became largely unionized. The economic and political conditions of the Great Depression surely tested the movie industry.

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