| Description |
xii, 179 p. ; 22 cm. |
| Series |
American ways series
|
| Bibliography |
Includes bibliographical references and index. |
| Contents |
Preface -- Prosperity gives way to the Great Depression : Economic growth in the 1920s. Declining industries. Taxes, income distribution, and the stock market boom. Initial stages of the great contraction. The collapsing world economy. Continuing decline, increasing unrest, and the final banking panic. The state of the economy in March 1933 -- What caused the Great Depression? : Framework for analysis : markets, prices, and economic contractions ; banks and the Federal Reserve System; the gold standard. Explaining the contraction: World War I dislocations, debts, and reparations; restoring the gold standard ; German hyperinflation ; destabilizing gold flows and the deflationary policies. Why the depression was more severe in the United States -- First New Deal, 1933-1935 : Roosevelt and his advisers. Ending the financial crisis. The First Hundred Days. The first Agricultural Adjustment Act. The National Industrial Recovery Act. Slow recovery from 1933 to 1935. End of the NRA -- Recovery aborted, 1935-1939 : Recovery from 1935 to 1937. Roosevelt swings to the left. The 1937-1938 depression. Why recovery was so slow -- Legacy of the Great Depression : World War II and the rise of Keynesian economics. Monetary policy after the Great Depression. Growth of the federal government and federal fiscalism. Intervention in agriculture. The rise of social welfare programs. International trade and finance. Could it happen again? |
| Subject |
Depressions -- 1929.
|
|
Economic history -- 1918-1945.
|
|
Business cycles -- History -- 20th century.
|
|
United States -- Economic policy -- 1933-1945.
|
|
New Deal, 1933-1939.
|
| ISBN |
1566634725 (alk. paper) |
|
1566634717 (pbk. : alk. paper) |
|
