Free-marketeers such as Milton Friedman would have us believe that incorrect monetary policy either directly led to the Great Depression, or at the very least, greatly compounded the problem. Various conspiracy theorists have equally various views on the Great Depression.
Wikipedia: ' Theories of the Great Depression, R. L. Norman, Jr. America in the 1930s Extensive library of projects on America in the Great Depression AS@UVA Recession? Depression? What's the difference? (About.com) An Overview of the Great Depression from EH.NET by Randall Parker. Great Myths of the Great Depression Depression
About the Great Depression. The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. Though the U.S. economy had gone into depression six months earlier, the Great Depression
See also cycle of past depressions.
Five days later, the bottom dropped out of the stock market and ushered in the Great Depression, the worst economic downturn in American history. Although Americans often believe that the Crash was the starting point of the Great Depression, many historians point out that it wasn't the sole cause.
Archives in the Attic Documents from the Great Depression. The Great Depression and the Arts Four lesson plans developed by teachers and historians working with the National Center for History in the Schools and the Organization of American Historians.
"We have not seen a nationwide decline in housing like this since the Great Depression," said the CEO of Wells Fargo late last year. "It is now clear that the U.S. and global financial markets are experiencing their worst financial crisis since the Great Depression," wrote economist Nouriel Roubini last week.
The American economy had yet to fully recover from the Great Depression when the United States was drawn into World War II in December 1941. Because of this agonizingly slow recovery, the entire decade of the 1930s in the United States is often referred to as the Great Depression.
News about the Great Depression (1930's). Commentary and archival information about great depression (1930's) from The New York Times. Great Depression Navigator. A list of resources from around the Web about the Great Depression as selected by researchers and editors of The New York Times.
The recovery from the Great Depression was spurred largely by the abandonment of the gold standard and the ensuing monetary expansion. The economic impact of the Great Depression was enormous, including both extreme human suffering and profound changes in economic policy.
The New Deal sought to save capitalism and the fundamental institutions of American society from the disaster of the Great Depression. The "first" New Deal (1933-35) tended toward a continuation of "trickle down" policies, albeit better-funded and executed more creatively.
Smoot-Hawley Tariff Act, Dust Bowl, Bonus Army, Wall Street Crash of 1929
Agricultural Adjustment Act, Glass-Steagall Act, National Industrial Recovery Act, Federal Emergency Relief Administration
Agricultural Adjustment Act, Farm Security Administration, Reconstruction Finance Corporation, Civilian Conservation Corps, Resettlement Administration, Federal Deposit Insurance Corporation, Public Works Administration, National Industrial Recovery Act, Federal Emergency Relief Administration, Federal Housing Administration, National Labor Relations Act, Fair Labor Standards Act
Smoot-Hawley Tariff Act, Dust Bowl, Bonus Army, Civilian Conservation Corps, Roaring Twenties, Fair Labor Standards Act
Franklin D Roosevelt, Herbert Hoover, Ronald Reagan, Barack Obama, Calvin Coolidge, Bill Clinton