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In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic ...
The Great Depression (1929–1939) was a severe global economic downturn that affected many countries across the world. It became evident after a sharp decline in stock prices in the United States, the largest economy in the world at the time, leading to a period of economic depression. [1] The economic contagion began around September 1929 and ...
Followed by. Grand Expectations: The United States, 1945–1974. Freedom from Fear: The American People in Depression and War, 1929–1945 is a 1999 nonfiction book by the American historian David M. Kennedy. Published as part of the Oxford History of the United States, Freedom from Fear covers the history of the United States during the Great ...
978-0-8129-2327-8. The Great Depression: America, 1929–1941 ( ISBN 978-0-8129-2327-8) is a 1984 history of the Great Depression by acclaimed historian Robert S. McElvaine. In this interpretive history, McElvaine discusses the causes and the results of the worst depression in American history, covering the time from 1929 to 1941.
The history of the United States from 1917 to 1945 was marked by World War I, the interwar period, the Great Depression, and World War II. The United States tried and failed to broker a peace settlement for World War I, then entered the war after Germany launched a submarine campaign against U.S. merchant ships that were supplying Germany's ...
The Great Depression in a monetary view. In their 1963 book A Monetary History of the United States, 1867–1960, Milton Friedman and Anna Schwartz laid out their case for a different explanation of the Great Depression. Essentially, the Great Depression, in their view, was caused by the fall of the money supply.
During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands.
The Greatest Generation is a 1998 book by journalist Tom Brokaw [1][2] that profiles those who grew up in the United States during the deprivation of the Great Depression and then went on to fight in World War II as well as those whose productivity within the home front during World War II made a decisive material contribution to the war effort ...