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Great Depression: People and Perspectives (2009), social history excerpt and text search; Dickstein, Morris. Dancing in the Dark: A Cultural History of the Great Depression (2009) excerpt and text search; Field, Alexander J.
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 ...
In the 1930s during the Great Depression, cash was tight for working-class and middle-class Americans — so money toward nonessentials, including the arts, dried up as people saved what ...
The Depression meant people had to get creative, making items that most of us would never think to craft ourselves. For instance, there was little money for toys, so kids played with box forts ...
Friedman speculated he was invited to the fellowship because his views were unacceptable to both of the Cambridge factions. Later his weekly columns for Newsweek magazine (1966–84) were well read and increasingly influential among political and business people, [61] and helped earn the magazine a Gerald Loeb Special Award in 1968. [62]
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) Garraty, John A. Unemployment in History (1978) Garside, William R. Capitalism in Crisis: International Responses to the Great Depression (1993) Haberler ...
Since its publication, Migrant Mother has become an icon of the Great Depression. [5] The photograph has always been in the public domain and since its creation it has been reproduced many times including as postage stamps, as advertisements, for charity fundraising, and as magazine covers. The Black Panthers even put an afro on the mother.
During this time, most people believed that the decline was merely a bad recession, worse than the recessions that occurred in 1923 and 1927, but not as bad as the Depression of 1920–1921. Economic forecasters throughout 1930 optimistically predicted an economic rebound come 1931, and felt vindicated by a stock market rally in the spring of 1930.