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The National Mortgage Crisis of the 1930s was a Depression -era crisis in the United States characterized by high-default rates and soaring loan-to-value ratios in the residential housing market. Rapid expansion in the residential non-farm housing market through the 1920s created a housing bubble inflated in part by ad hoc innovation on the ...
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, [225] though Hoover is widely credited with popularizing the term, [225] [226] informally referring to the downturn as a depression, with such uses as "Economic ...
The recession of 1937–1938 was an economic downturn that occurred during the Great Depression in the United States . By the spring of 1937, production, profits, and wages had regained their early 1929 levels. Unemployment remained high, but it was substantially lower than the 25% rate seen in 1933. The American economy took a sharp downturn ...
Relief Camp Workers' Union was a Canadian Great Depression era relief union in which the workers employed in the Canadian government relief camps organized themselves into in the early 1930s. The RCWU was established by the Workers' Unity League and was associated with the Communist Party of Canada. [1] The creation of the union was a direct ...
The Great Depression in a monetary view. In their 1963 book A Monetary History of the United States, 1867–1960, Milton Friedman and Anna Schwartz laid out their case for a different explanation of the Great Depression. Essentially, the Great Depression, in their view, was caused by the fall of the money supply.
5. GreatPeopleSearch. GreatPeopleSearch is a user-friendly free reverse phone number lookup site that provides searchers with fast and accurate results. It draws on publicly available national ...
The Living New Deal is a research project and online public archive documenting the scope and impact of the New Deal on American lives and the national landscape. [1] The project focuses on public works programs, which put millions of unemployed to work, saved families from destitution, and renovated the infrastructure of the United States.
In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic ...