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Examining the causes of the Great Depression raises multiple issues: what factors set off the first downturn in 1929; what structural weaknesses and specific events turned it into a major depression; how the downturn spread from country to country; and why the economic recovery was so prolonged.
The term "The Great Depression" is most frequently attributed to British economist Lionel Robbins, whose 1934 book The Great Depression is credited with formalizing the phrase, [230] though Hoover is widely credited with popularizing the term, [230] [231] informally referring to the downturn as a depression, with such uses as "Economic ...
Essays on the Great Depression (2000) Bernstein, Michael A. The Great Depression: Delayed Recovery and Economic Change in America, 1929–1939 (1989) focus on low-growth and high-growth industries; Bordo, Michael D., Claudia Goldin, and Eugene N. White, eds. The Defining Moment: The Great Depression and the American Economy in the Twentieth ...
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)
The Ford Hunger March, sometimes called the Ford Massacre, was a demonstration on March 7, 1932 in the United States by unemployed auto workers in Detroit, Michigan, which took place during the height of the Great Depression.
During the Depression, a piece of cardboard or a new rubber sole may have extended the wear of a pricey pair, and clothes were certainly mended and patched long before they were ever thrown out.
In Chicago, CBMC hosts the first meeting to address a greater purpose for business during The Great Depression; over 800 people attend the meeting, in Chicago's Garrick Theatre. [1] January 19 – Benjamin M. Miller is sworn in as the 39th governor of Alabama replacing Bibb Graves. [2]
December 3 – Great Depression: U.S. President Herbert Hoover announces to the U.S. Congress that the worst effects of the recent stock market crash are behind the nation, and that the American people have regained faith in the economy.