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Golden Fetters: The gold standard and the Great Depression, 1919–1939. 1992. Feinstein. Charles H. The European Economy between the Wars (1997) Garraty, John A. The Great Depression: An Inquiry into the causes, course, and Consequences of the Worldwide Depression of the Nineteen-Thirties, as Seen by Contemporaries and in Light of History (1986)
Until the start of the COVID-19 recession in 2020, no post-World War II era came anywhere near the depth of the Great Depression. In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP had fallen 5.1% by the second quarter of 2009) and the unemployment rate ...
During the 107 years of Oldsmobile's existence, it was known for being a guinea pig for new technologies and firsts. 1898 – Olds Motor Vehicle Company exports a steam powered automobile to Mumbai, India, making it the first exported American car. [16] 1901 – The first speedometer to be offered on a production car was on an Oldsmobile Curved ...
The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929–31. Japan's Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency ...
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
The beginning of the Great Depression made the Viking unprofitable for Oldsmobile, which had enough trouble selling its own models that were just under half the price, and it was discontinued at the end of 1930. [29] Existing parts were assembled into the final Vikings for the 1931 model year. [42]
Two years later, Olds claimed that he had built the best car he could, a tourer able to seat two, four, or five, with a 30–35 hp (22–26 kW) engine, 112 inches (2,845 mm) wheelbase, and 32 inches (81 cm) wheels, for $1,055 (not including top, windshield, or gas tank, which were US$100 extra); self-starter was $25 on top of that.
The American automobile manufacturer General Motors sold a number of vehicles under its marque Oldsmobile, which started out as an independent company in 1897 and was eventually shut down due to a lack of profitability in 2004. [1]