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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, [228] though Hoover is widely credited with popularizing the term, [228] [229] informally referring to the downturn as a depression, with such uses as "Economic ...
US annual real GDP from 1910 to 1960, with the years of the Great Depression (1929–1939) highlighted Unemployment rate in the US 1910–60, with the years of the Great Depression (1929–39) highlighted; accurate data begins in 1939, represented by a blue line. The Depression caused major political changes in America.
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 Roosevelt Administration was under assault during Roosevelt's second term, which presided over a new dip in the Great Depression in the fall of 1937 that continued through most of 1938. Production and profits declined sharply. Unemployment jumped from 14.3% in 1937 to 19.0% in 1938.
In late October 1929, the Wall Street Crash of 1929 occurred, and the worldwide economy began to spiral downward into the Great Depression. [42] The causes of the Great Depression remain a matter of debate, [43] but Hoover viewed a lack of confidence in the financial system as the fundamental economic problem facing the nation. [44]
The World in Depression, 1929–1939 (3rd ed. 2013) Konrad, Helmut and Wolfgang Maderthaner, eds. Routes Into the Abyss: Coping With Crises in the 1930s (Berghahn Books, 2013), 224 pp. Compares political crises in Germany, Italy, Austria, and Spain with those in Sweden, Japan, China, India, Turkey, Brazil, and the United States.
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The Mexican Repatriation was the repatriation, deportation, and expulsion of Mexicans and Mexican Americans from the United States during the Great Depression between 1929 and 1939. [1] [2] [3] Estimates of how many were repatriated, deported, or expelled range from 300,000 to 2 million (of which 40–60% were citizens of the United States ...