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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 ...
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: An Inquiry into the Causes, Course, and Consequences of the Worldwide Depression of the Nineteen-Thirties, as Seen by Contemporaries and in Light of History (1986) Garraty, John A. Unemployment in History (1978) Garside, William R. Capitalism in Crisis: International Responses to the Great Depression (1993) Haberler ...
The lessons of the generation that weathered the Great Depression include self-sufficiency, frugality, and improvisation. ... a surprising number of lessons from the hardships of the 1930s endure ...
The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
Fearing that aid recipients would become dependent on their assistance, Oklahoma City administrators sparingly doled out federal and local relief funds; city leaders initiated a campaign to discourage migration into the city; local newspapers failed to print the location of soup lines; voters rejected a bond issue to bolster relief funds; and ...
The Great Depression was over by then, but the recipes from that era, like this peanut butter bread, lived on. ... Depression Era cooks were clever and had to be resourceful to eat well without ...
#13 Young Girl During The Great Depression, 1930s. Image credits: Old-time Photos #14 Men In Harlem Gather In Front Of A Shop To Listen To The Radio, 1940. Image credits: Old-time Photos