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The Great Depression (1929–1939) was a severe global economic downturn that affected many countries across the world. It became evident after a sharp decline in stock prices in the United States, the largest economy in the world at the time, leading to a period of economic depression. [1] The economic contagion began around September 1929 and ...
A map of British India in 1909. The Great Depression in India was a period of economic depression in the Indian subcontinent, then under British colonial rule. Beginning in 1929 in the United States, the Great Depression soon began to spread to countries around the globe. A global financial crisis, combined with protectionist policies adopted ...
The Great Depression in a monetary view. In their 1963 book A Monetary History of the United States, 1867–1960, Milton Friedman and Anna Schwartz laid out their case for a different explanation of the Great Depression. Essentially, the Great Depression, in their view, was caused by the fall of the money supply.
America's Great Depression. America's Great Depression is a 1963 treatise on the 1930s Great Depression and its root causes, written by Austrian School economist Murray Rothbard. The book blames government policy failures for the Great Depression, and challenges the widely-held view that capitalism is unstable. [1]
v. t. e. John Maynard Keynes, 1st Baron Keynes[3] CB, FBA (/ keɪnz / KAYNZ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier ...
Emotions. v. t. e. Depression is a mental state of low mood and aversion to activity. [3] It affects about 3.5% of the global population, or about 280 million people of all ages (as of 2020). [4] Depression affects a person's thoughts, behavior, feelings, and sense of well-being. [5]
Language and thought. The study of how language influences thought, and vice-versa, has a long history in a variety of fields. There are two bodies of thought forming around this debate. One body of thought stems from linguistics and is known as the Sapir–Whorf hypothesis. There is a strong and a weak version of the hypothesis which argue for ...
Franklin Delano Roosevelt [a] (January 30, 1882 – April 12, 1945), commonly known by his initials FDR, was an American politician who served as the 32nd president of the United States from 1933 until his death in 1945.