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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.
Further decreases in trade of manufactured products led to layoffs and reduced corporate profits, weakening the economy. General consensus among economists is that the Smoot-Hawley Act did not cause the Depression, but did worsen it and stunted recovery efforts after 1933. Exports declined from $5.2 billion in 1929 to just $1.7 billion in 1933.
The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929–31. Japan's Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency ...
The term was reportedly coined by Claudia Goldin and Robert Margo [1] in a 1992 paper, [2] and is a takeoff on the Great Depression, an event during which the Great Compression started. Share of pre-tax household income received by the top 1%, top 0.1%, and top 0.01%, between 1917 and 2005 [3] [4]
In February 2009 during the Senate confirmation hearing for Energy Secretary Steven Chu, Republican Senator John Barrasso waved a copy of the book and announced, "In these economic times, a number of members of the Senate are reading a book called The Forgotten Man, about the history of the Great Depression, as we compare and look for solutions ...
You know, there have been so many errors -- in some cases they've been deliberate distortions -- about the impact of President Franklin D. Roosevelt's innovative New Deal policies on the U.S ...
The New Deal consisted of many different efforts to end the Great Depression and reform the American economy. Many of them failed, but there were enough successes to establish it as the most important episode of the 20th century in the creation of the modern American state.
Microsoft Word - London (1932) Ending the depression through planned obsolescence.doc; Author: James Jenkins: Date and time of digitizing: 14:51, 9 July 2009: File change date and time: 14:51, 9 July 2009: Software used: Word: cgpdftops CUPS filter: Conversion program: Acrobat Distiller 7.0.5 for Macintosh: Encrypted: no: Page size: 595.22 x ...