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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 ...
During the Depression, a piece of cardboard or a new rubber sole may have extended the wear of a pricey pair, and clothes were certainly mended and patched long before they were ever thrown out.
Examining the causes of the Great Depression raises multiple issues: what factors set off the first downturn in 1929; what structural weaknesses and specific events turned it into a major depression; how the downturn spread from country to country; and why the economic recovery was so prolonged.
The timber market in Finland began to decline in 1929 due to the Great Depression, as well as the Soviet Union's entrance into the market. Financial and political problems culminated in the birth of the fascist Lapua Movement on November 23 in a demonstration in Lapua. The movement's stated aim was Finnish democracy and anti-communism. [27]
Essays on the Great Depression (2000) Bernstein, Michael A. The Great Depression: Delayed Recovery and Economic Change in America, 1929–1939 (1989) focus on low-growth and high-growth industries; Bordo, Michael D., Claudia Goldin, and Eugene N. White, eds. The Defining Moment: The Great Depression and the American Economy in the Twentieth ...
The researchers examined data from 832 participants in the U.S. Health and Retirement Study, all of whom were born in the 1930s during the Great Depression—the worst economic downturn in the ...
Depression is highly treatable, and according to the National Mental Health Association, over 80 percent of people who seek help get better. You can, too—here are 7 things you should know about ...
The 28.3 by 21.8 cm (11 1/8 by 8 9/16 in) gelatin silver print depicts a mother anxiously gazing into the distance, with an infant in her lap and two older children huddling close by. The photo captures the plight of migrant farm workers who arrived in California en masse looking for employment during the Great Depression.
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