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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 ...
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 Great Depression began in the United States of America and quickly spread worldwide. [42] It had severe effects in countries both rich and poor. Personal income, consumption, industrial output, tax revenue, profits and prices dropped, while international trade plunged by more than 50%.
1815 map of Ohio. Starting around 1809, Shawnee leaders once again began to rally support to resist the United States. Under Shawnee chief Tecumseh, the Tecumseh's War officially began in Ohio in 1810. When the War of 1812 began, the British forces from Canada entered Ohio and merged their forces with the Shawnee.
Historians and economists still have not agreed on the causes of the Great Depression, but there is general agreement that it began in the United States in late 1929 and was either started or worsened by "Black Thursday," the stock market crash of Thursday, October 29, 1929. Sectors of the US economy had been showing some signs of distress for ...
The lessons of the generation that weathered the Great Depression include self-sufficiency, frugality, and improvisation. See how to tap those notions today. 12 Things We Can Learn From the Great ...
Gleason will sign “100 Things to Do in Ohio Before You Die” from 11 a.m. to 1 p.m. Saturday at End of the Commons General Store, 8719 State Route 534, Mesopotamia, and from 3 to 5 p.m ...
The Great Depression was much less severe than in the United States, primarily because the sharp drop in the cost of food work to the benefit of the working class in the city. Washington provided much of the funding for a large middle-class bureaucracy and for major construction projects.