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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 ...
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.
The Depression meant people had to get creative, making items that most of us would never think to craft ourselves. For instance, there was little money for toys, so kids played with box forts ...
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 ...
A tent city in Sacramento, California was described as "images, hauntingly reminiscent of the iconic photos of the 1930s and the Great Depression" and "evocative Depression-era images." [18] According to economist Irving Fisher, the two dominant factors in a depression are over-indebtness to start with and deflation soon after. [19]
It's true that history often repeats itself. And with the precarious financial times of 2022, many have understandably felt there might be a repeat of the Great Depression, the decade from 1929 ...
The World of Tomorrow is a 1984 American documentary film by Lance Bird ... Lost and Found - 1979 documentary also by Bird and Johnson focusing on the Great Depression;
The subsequent economic downfall, called the Great Depression, had traumatic social effects worldwide, leading to widespread poverty and unemployment, especially in the economic superpower of the United States and in Germany, which was already struggling with the payment of reparations for the First World War.