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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 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 ...
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.
There are multiple effects due to this. Effects on health and development cause lifelong problems and lower educational outcomes, and food insecurity can also be caused by child poverty. The United States government has put in place programs using tax credits and transfers. There are also community programs that have impacted specific ...
The economy of New York City prospered after 1896, with a few short dips, until the decade-long Great Depression, which began with a Wall Street stock market crash in late 1929. The economy recovered by 1940 and flourished during the World War II years. The main bases of the economy were construction, ocean shipping, garments, machine tools ...
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 ...
One of the most common radio shows for young children was Little Orphan Annie. [5] The show is about an adventurous young girl who had an equally adventurous dog named Sandy. Together, Annie and Sandy would try to solve mysteries. The show was so loved by children that they soon began to purchase small items of merchandise such as pins of Annie.
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 ...