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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, [230] though Hoover is widely credited with popularizing the term, [230] [231] informally referring to the downturn as a depression, with such uses as "Economic ...
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 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.
Children who are under stress, experiencing loss or grief, or have other underlying disorders are at a higher risk for depression. Childhood depression is often comorbid with mental disorders outside of other mood disorders, most commonly anxiety disorder and conduct disorder. Highlighting the pivotal role of adolescence and young adulthood ...
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1899, depending on the metrics used. [1] It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War.
In Freedom from Fear, the Wall Street crash of 1929 marked the Great Depression's beginning [34] but did not cause it, as according to Kennedy international economic conditions were more responsible for the economic depression. [23] Kennedy's depiction of United States president Herbert Hoover's handling of the early depression is sympathetic. [35]
The Economies of Africa and Asia in the Iinter-war Depression (1989) Davis, Joseph S. The World Between the Wars, 1919–39: An Economist's View (1974) Drinot, Paulo, and Alan Knight, eds. The Great Depression in Latin America (2014) excerpt; Eichengreen, Barry. Golden Fetters: The gold standard and the Great Depression, 1919–1939. 1992 ...
A study shows that children below the poverty line do two years less of an education which causes a ripple effect of fewer opportunities and less income. [18] Education is a direct correlation to future socioeconomic status, and without breaking the cycle of devaluing education, there will continue to be intergenerational poverty. [ 6 ]