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The decades from the 1960s saw an economic decline in the output of the more developed nations of Europe, particularly in France and the UK. These nations' positions in output of refined raw materials, e.g. steel, and in finished goods fell in contrast to Asian countries.
When comparing the highest and lowest points of the stock market during the Kennedy Slide, the paper values of stocks declined 27% during the period of December 1961 and June 1962. The 1929–1932 bear market, which was a substantial cause of the Great Depression, saw a sharp drop of 89%. Many aspects of the Kennedy Slide of 1962 mirrored those ...
The 1920 census reported that 36.3% of Greeks lived in urban or semi-urban areas, while the 1928 census reported that 45.6% of Greeks lived in urban or semi-urban areas. It has been argued by many Greek economists that these refugees kept Greek industry competitive during the 1920s, as the surplus of labor kept real wages very low.
How the Market Performed Starting Value: 41.34 High Point: 78.26 on June 7, 1901 Low Point: 38.49 on April 19 and April 23, 1897 Ending Value: 67.25 Performance While in Office: 62.68% increase ...
The embargo caused a depression in cities and industries dependent on European trade. The other two downturns were depressions accompanied by significant periods of deflation during the early 19th century. The first and most severe was during the depression from 1818 to 1821 when prices of agricultural commodities declined by almost 50 percent.
1920s: The Spanish Flu. In the fall of 1918, a mutated version of the virus that claimed its first victims in the spring made its way around the world, causing the death rate to escalate quickly ...
The hemline index is a theory that suggests that skirt length (hemlines) rise or fall along with stock prices. The most common version of the theory is that skirt lengths get shorter in good economic times (1920s, 1960s) [1] and longer in bad, such as after the 1929 Wall Street crash. However, the reverse has also been proposed with longer ...
The performance of the volatile stock market typically has little to do with the president who's in office. Even when a president does manage to produce effective economic policies, he's usually ...