Search results
Results From The WOW.Com Content Network
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.
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 ...
The Wall Street Crash of 1929 is often cited as the beginning of the Great Depression. It began on October 24, 1929, and kept going down until March 1933. It was the longest and most devastating stock market crash in the history of the United States. Much of the stock market crash can be attributed to exuberance and false expectations.
Dust Bowl. A farmer and his two sons during a dust storm in Cimarron County, Oklahoma, April 1936. Iconic photo entitled "Dust Bowl Cimarron County, Oklahoma" taken by Arthur Rothstein. Map of states and counties affected by the Dust Bowl between 1935 and 1938, originally prepared by the Soil Conservation Service.
The initial economic collapse which resulted in the Great Depression can be divided into two parts: 1929 to mid-1931, and then mid-1931 to 1933. The initial decline lasted from mid-1929 to mid-1931. 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 ...
By 1930 France remained a significantly rural society, with just a single city of over a million inhabitants (Paris), two more of over half a million (Lyon and Marseille), and fourteen more of over 100,000 inhabitants. The worldwide Great Depression had a moderate impact on the French economy, which proved resilient.
The Mexican Repatriation was the repatriation, deportation, and expulsion of Mexicans and Mexican Americans from the United States during the Great Depression between 1929 and 1939. [1][2][3] Estimates of how many were repatriated, deported, or expelled range from 300,000 to 2 million (of which 40–60% were citizens of the United States ...
City of Dallas. The history of Dallas, Texas, United States from 1874 to 1929 documents the city's rapid growth and emergence as a major center for transportation, trade and finance. Originally a small community built around agriculture, the convergence of several railroads made the city a strategic location for several expanding industries.