Search results
Results From The WOW.Com Content Network
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 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 ...
Crowd at New York's American Union Bank during a bank run early in the Great Depression. Together, the 1929 stock market crash and the Great Depression formed the largest financial crisis of the 20th century. [45] The panic of October 1929 has come to serve as a symbol of the economic contraction that gripped the world during the next decade. [46]
1998–2002 Argentine great depression; Early 2000s recession. Dot-com bubble (2000–2002) (US) 2001 Turkish economic crisis; September 11 attacks (2001) 2002 Uruguay banking crisis; 2002–2003 Venezuelan general strike; 2006–2012 New Zealand finance company collapses; 2007–2008 financial crisis; Great Recession (worldwide)
The panic of financial crisis would increase in the Great Depression due to the lack of confidence in the regulatory and recovery displayed during the 1920s, this ultimately drove a nation of doubts, uneasiness, and lack of consumer confidence in the banking system.
The Great Depression of 1929–32 broke out at a time when the United Kingdom was still far from having recovered from the effects of the First World War. Economist Lee Ohanian showed that economic output fell by 25% between 1918 and 1921 and did not recover until the end of the Great Depression, [3] arguing that the United Kingdom suffered a twenty-year great depression beginning in 1918.
In 1930, Miguel Primo de Rivera, Prime Minister of Spain and head of a military dictatorship is forced to resign in response to a financial crisis (part of the Great Depression). Alfonso XIII of Spain, who had previously backed the dictatorship, attempts to return gradually to the previous system and restore his prestige. This failed utterly ...
1930 – The Great Depression in the United States continues to worsen, reaching a nadir in early 1933. 1930 – The Motion Picture Production Code becomes set of industry censorship guidelines governing production of the vast majority of United States motion pictures released by major studios; is effective for 38 years