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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)
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
The economy had a strong recovery following the recession. [33] 1923–1924 recession May 1923 – June 1924 1 year 2 months 2 years −25.4% −22.7% From the depression of 1920–1921 until the Great Depression, an era dubbed the Roaring Twenties, the economy was generally expanding. Industrial production declined in 1923–24, but on the ...
The Great Depression was a severe global economic downturn from 1929 to 1939. ... the largest economy in the world, ... Timeline of the Great Depression; General.
He envisioned a future of unbounded plenty and the imminent end of poverty in America. A year after his election, the stock market crashed, and the nation's economy slipped downward into the Great Depression. [47] After the crash, Hoover attempted to put in place many efforts to restore the economy, especially the fast-sinking agricultural sector.
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.
The economy grew every year from 1812 to 1815 despite a large loss of business by East Coast shipping interests. Wartime inflation averaged 4.8% a year. [105] The national economy grew 1812–1815 at the rate of 3.7% a year, after accounting for inflation. Per capita GDP grew at 2.2% a year, after accounting for inflation. [104]
10. Finally, he jumpstarted the economy during the worst recession since the Great Depression. In the wake of the global recession, Obama signed the Recovery Act, which cut taxes and saved ...