The Great Depression
How the Great Depression crashed the economy
What was the Great Depression
How the Great Depression affected the worlds economy
The Great Depression was a global crisis , unlike previous economic downturns which generally were confined to a handful of nations or specific regions. Africa, Asia, Australia, Europe, and North and South America all suffered from the economic collapse. This collapse lasted a record 10 years which is one of the longest droughts of an economy ever
People looking for a job to support there family
Man selling his car for cheap
The stock market crash
How the Great Depression effected the world
The communist effect on the Great Depression
The effect of the Great Depression on Russia
Final response to the great depression
The final response to the Depression was welfare capitalism. Welfare Capitalism can be found in countries Canada, Great Britain, and France. Under welfare capitalism, government assumed ultimate responsibility for promoting a reasonably fair distribution. In welfare capitalism wealth and power and for providing security against the risks of bankruptcy, unemployment, and destitution. The government was able to pull us out of one of the roughest times in the United States history.
Citing sources
-Charles Duhigg, "Depression, You Say? Check Those Safety Nets", The New York Times, March 23, 2008.
-Richard, Clay Hanes (editor) (July 2002). Historic Events for Students: The Great Depression(Volume I ed.). Gale.
-Robert Whaples, Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions., Journal of Economic History, Vol. 55, No. 1 (March 1995), p. 143
-Fisher, Irving (October 1933). "The Debt-Deflation Theory of Great Depressions". Econometrica
-Herman, Arthur, The Cave and the Light: Plato versus Aristotle, and the Struggle for the Soul of Western Civilization