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The Brickelltown district, meanwhile, housed and served workers in Truckee's other main industry, lumber. In the twentieth century, both industries declined due to economic shifts and the Great Depression; the city, and Commercial Row in particular, instead built a tourist economy on visitors to the region's recreational activities. [2]
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 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 ...
Monument to the Donner Party in Donner Memorial State Park. The Donner Party ordeal is arguably Truckee's most famous historical event. In 1846, a group of settlers from Illinois, originally known as the Donner-Reed Party but now usually referred to as the Donner Party, became snowbound in early fall as a result of several trail mishaps, poor decision-making, and an early onset of winter that ...
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 was over by then, but the recipes from that era, like this peanut butter bread, lived on. We never suspected that the food budget was running on fumes when she dug into the ...
Henry Kruger died June 27, 1891, leaving his fortune, which by then had grown to an estimated million 1891 dollars, to his wife and children. Mary Adella Richardson Kruger lived until the age of 93, dying on November 3, 1940. Nearly all of Kruger's surviving grand, great-grand, and great-great-grandchildren are living in California today.
The Farm Security Administration (FSA) was a New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States. It succeeded the Resettlement Administration (1935–1937). [1] The FSA is famous for its small but highly influential photography program, 1935–1944, that portrayed the challenges of rural ...