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Deyrep, 1950. Social Research 17(3):346-364

Government Support of Industry in American History
Felicia J. Deyrep

Social Research: An International Quarterly

Arien Mack, Editor

Volume 17, No. 3 (Fall 1950): 346-364

EXCERPT: The object of this study is to consider some of the results of government support of industry in the United States, not only for the industry supported but for the economy as a whole. Such support, in the sense in which it will be defined in this paper, has been given only rarely in the history of this country, but where it has existed the results have varied widely. In one instance, the government supported to maturity a key infant industry which in time became a vital force in the development of certain major industries. In another case, government support unwittingly furthered the decline of a large segment of our economy, while being impotent to bring prosperity to the very industry supported. In still another case, government help has been in the nature of 'spot' aid, calculated primarily not to further the welfare of any particular industry, but rather to plug holes that might open the way to serious damage to the economy as a whole...
Stock number:SRJ-ART-173-0346 Price:$15.00

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