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The bank had over $160 million in deposits and was the fourth largest bank in the United States at the time, and its failure is widely considered to be the moment when the banking collapse in the United States hit a critical mass, sparking a nationwide run on the banking system that was a major contributor to the deflationary spiral of 1931–1933.
From the depression of 1920–1921 until the Great Depression, an era dubbed the Roaring Twenties, the economy was generally expanding. Industrial production declined in 1923–24, but on the whole this was a mild recession. [26] [34] [35] [36] 1926–1927 recession October 1926 – November 1927 1 year 1 month 2 years 3 months −12.2% −10.0%
The following diagnostic systems and rating scales are used in psychiatry and clinical psychology.This list is by no means exhaustive or complete. For instance, in the category of depression, there are over two dozen depression rating scales that have been developed in the past eighty years.
The Depression Dilemmas of Rural Iowa, 1929–1933 (University of Missouri Press, 2012) Rauchway, Eric. The Great Depression and the New Deal: A Very Short Introduction (2008) excerpt and text search; Roose, Kenneth D. "The Recession of 1937–38" Journal of Political Economy, 56#3 (1948), pp. 239–248 JSTOR 1825772; Rose, Nancy.
Some depression rating scales are completed by patients. The Beck Depression Inventory, for example, is a 21-question self-report inventory that covers symptoms such as irritability, fatigue, weight loss, lack of interest in sex, and feelings of guilt, hopelessness or fear of being punished. [11]
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The Depression of 1920–1921 was a sharp deflationary recession in the United States, United Kingdom and other countries, beginning 14 months after the end of World War I. It lasted from January 1920 to July 1921. [1] The extent of the deflation was not only large, but large relative to the accompanying decline in real product. [2]
Population studies have consistently shown major depression to be about twice as common in women as in men, although it is not yet clear why this is so. [7] The relative increase in occurrence is related to pubertal development rather than chronological age, reaches adult ratios between the ages of 15 and 18, and appears associated with psychosocial more than hormonal factors.