Certainly, it was an event that caused a big increase in the government's role in the economy. For example, everything from the birth of Social Security, to federal deposit insurance, to the minimum wage and so forth, all got started during the Great Depression. There was a tremendous legacy in that respect. Many consider the Great Depression the watershed event in U.S. economic history just because so many things changed as a result. Certainly, the balance of power between the federal government and state governments changed.