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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, [229] though Hoover is widely credited with popularizing the term, [229] [230] informally referring to the downturn as a depression, with such uses as "Economic ...
The Great Depression had particularly strong effects on the Black community in the 1920s and 30s, forcing Black women to reckon with their relationship to the U.S. government. Due to the downturned economy, jobs were scarce and Black men were a huge target of the lay-offs, making up a large population of the unemployed during the Depression.
(Bloomberg Opinion) -- While there’s still much we don’t know about the health effects of the coronavirus on children, there’s a growing consensus about the psychological damage it has ...
The "relative income" theory explains the baby boom by suggesting that the late 1940s and the 1950s brought low desires to have material objects, because of the Great Depression and World War II, as well as plentiful job opportunities (being a post-war period). These two factors gave rise to a high relative income, which encouraged high fertility.
Tales of the Depression are woven with a common thread: Even though most people had very little, those with a little more helped those with a little less. Families who had fallen on hard times ...
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 ...
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 Great Depression of 1929–32 broke out at a time when the United Kingdom was still far from having recovered from the effects of the First World War. Economist Lee Ohanian showed that economic output fell by 25% between 1918 and 1921 and did not recover until the end of the Great Depression, [3] arguing that the United Kingdom suffered a twenty-year great depression beginning in 1918.