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Great Depression In 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, famine, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic growth as well as for personal advancement. Altogether, there was a general loss of confidence in the economic future. The usual explanations include numerous factors, especially high consumer debt, ill-regulated markets that permitted overoptimistic loans by banks and investors, and the lack of high-growth new industries. These all interacted to create a downward economic spiral of reduced spending, falling confidence and lowered production. Industries that suffered the most included construction, shipping, mining, logging, and agriculture. Also hard hit was the manufacturing of durable goods like automobiles and appliances, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dorothea Lange
Dorothea Lange (born Dorothea Margaretta Nutzhorn; May 26, 1895 – October 11, 1965) was an American documentary photographer and photojournalist, best known for her Depression-era work for the Farm Security Administration (FSA). Lange's photographs influenced the development of documentary photography and humanized the consequences of the Great Depression. Early life Lange was born in Hoboken, New JerseyLurie, Maxine N. and Mappen, Marc. ''Encyclopedia of New Jersey''. 2004, page 455Vaughn, Stephen L. ''Encyclopedia of American Journalism''. 2008, page 254 to second-generation German immigrants Johanna Lange and Heinrich Nutzhorn. She had a younger brother named Martin. Two early events shaped Lange's path as a photographer. First, at age seven she contracted polio, which left her with a weakened right leg and a permanent limp. "It formed me, guided me, instructed me, helped me, and humiliated me," Lange once said of her altered gait. "I've never gotten over it, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unemployed Men Queued Outside A Depression Soup Kitchen Opened In Chicago By Al Capone, 02-1931 - NARA - 541927
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technology, technologies and inventions * Policy, policies of the government * regulation and market (economics), market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Liberalism
Social liberalism is a political philosophy and variety of liberalism that endorses social justice, social services, a mixed economy, and the expansion of civil and political rights, as opposed to classical liberalism which favors limited government and an overall more ''laissez-faire'' style of governance. While both are committed to personal freedoms, social liberalism places greater emphasis on the role of government in addressing social inequalities and ensuring public welfare Social liberal governments address economic and social issues such as poverty, welfare spending, welfare, infrastructure, healthcare, and education using government intervention, while emphasising individual rights and autonomy. Economically, social liberalism is based on the social market economy and views the common good as harmonious with the individual's freedom. Social liberals overlap with social democrats in accepting market intervention more than other liberals; its importance is consider ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franklin Delano Roosevelt
Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served more than two terms. His first two terms were centered on combating the Great Depression, while his third and fourth saw him shift his focus to America's involvement in World War II. A member of the prominent Delano and Roosevelt families, Roosevelt was elected to the New York State Senate from 1911 to 1913 and was then the assistant Secretary of the Navy under President Woodrow Wilson during World War I. Roosevelt was James M. Cox's running mate on the Democratic Party's ticket in the 1920 U.S. presidential election, but Cox lost to Republican nominee Warren G. Harding. In 1921, Roosevelt contracted a paralytic illness that permanently paralyzed his legs. Partly through the encouragement of his wife, Eleanor Roosevelt, he ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1932 United States Presidential Election
United States presidential election, Presidential elections were held in the United States on November 8, 1932. Against the backdrop of the Great Depression, the History of the Republican Party (United States), Republican ticket of incumbent President Herbert Hoover and incumbent Vice President Charles Curtis were defeated in a Landslide victory, landslide by the History of the Democratic Party (United States), Democratic ticket of Franklin D. Roosevelt, the governor of New York and John Nance Garner, the Speaker of the United States House of Representatives, Speaker of the House This realigning election marked the effective end of the Fourth Party System, which had been dominated by Republicans, and the beginning of an era of Democratic dominance under the New Deal coalition. Despite disastrous economic conditions due to the Great Depression, Hoover faced little opposition at the 1932 Republican National Convention. Roosevelt was widely considered the front-runner at the start o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Unemployment From 1910-1960
US or Us most often refers to: * Us (pronoun), ''Us'' (pronoun), the objective case of the English first-person plural pronoun ''we'' * US, an abbreviation for the United States US, U.S., Us, us, or u.s. may also refer to: Arts and entertainment Albums * Us (Brother Ali album), ''Us'' (Brother Ali album) or the title song, 2009 * Us (Empress Of album), ''Us'' (Empress Of album), 2018 * Us (Mull Historical Society album), ''Us'' (Mull Historical Society album), 2003 * Us (Peter Gabriel album), ''Us'' (Peter Gabriel album), 1992 * Us (EP), ''Us'' (EP), by Moon Jong-up, 2021 * ''Us'', by Maceo Parker, 1974 * ''Us'', mini-album by Peakboy, 2019 Songs * Us (James Bay song), "Us" (James Bay song), 2018 * Us (Jennifer Lopez song), "Us" (Jennifer Lopez song), 2018 * Us (Regina Spektor song), "Us" (Regina Spektor song), 2004 * Us (Gracie Abrams song), "Us" (Gracie Abrams song), 2024 * "Us", by Azealia Banks from ''Fantasea (mixtape), Fantasea'', 2012 * "Us", by Celine Dion from ''Let's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real GDP Of The United States From 1910-1960
Real may refer to: Currencies * Argentine real * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Nature and science * Reality, the state of things as they exist, rather than as they may appear or may be thought to be * Real numbers, the set of rational and irrational numbers (and opposed to imaginary numbers) * The Real, an aspect of human psychic structure Sports Africa * Real Republicans FC (Accra), Ghana * Real Republicans F.C. (Sierra Leone) Central and South America * Club Real Potosí, Bolivia * Municipal Real Mamoré, Bolivia * Associação Esportiva Real, Brazil * Real Noroeste Capixaba Futebol Clube, Brazil * C.D. Real Sociedad, Honduras * Real C.D. España, Honduras *Real Maya, Honduras *Real Club España, Mexico *Real Saltillo Soccer, Mexico * Real Sociedad de Zacatecas, Mexico *Real Estelí Baloncesto, Nicaragua * Real Estelí F.C., Nicaragua *Real Madriz, Nicaragua *Real Garcilaso, Peru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession Of 1937–1938
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 in mid-1937, lasting for 13 months through most of 1938. Industrial production declined almost 30 percent, and production of durable goods fell even faster. Unemployment jumped from 14.3% in May 1937 to 19.0% in June 1938. Manufacturing output fell by 37% from the 1937 peak and was back to 1934 levels. Producers reduced their expenditures on durable goods, and inventories declined, but personal income was only 15% lower than it had been at the peak in 1937. In most sectors, hourly earnings continued to rise throughout the recession, partly compensating for the reduction in the number of hours worked. As unemployment rose, consumer expendi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Debt
In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments). It includes debts incurred on purchase of goods that are consumable and/or do not appreciate. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. The most common forms of consumer debt are credit card debt, payday loans, student loans and other consumer finance, which are often at higher interest rates than long-term secured loans, such as mortgages. Long-term consumer debt is often considered fiscally suboptimal. While some consumer items such as automobiles may be marketed as having high levels of utility that justify incurring short-term debt, most consumer goods are not. For example, incurring high-interest consumer debt through buying a big-screen television "now", rather than saving for it, cannot usually be financially justified by the subjective benefits of having the television early. In many countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Heritage (magazine)
''American Heritage'' is a magazine dedicated to covering the history of the United States for a mainstream readership. Until 2007, the magazine was published by Forbes.Grosvenor, Edwin S. "Editor's Letter," ''American Heritage'', Winter 2008. Since that time, Edwin S. Grosvenor has been its editor and publisher. Print publication was suspended early in 2013, but the magazine relaunched in digital format with the Summer 2017 issue after a Kickstarter campaign raised $31,203 from 587 backers. The 70th Anniversary issue of the magazine (Winter 2020) on the subject "What Makes America Great?" includes essays by such historians as Fergus Bordewich, Douglas Brinkl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Growth
In economics, economic growth is an increase in the quantity and quality of the economic goods and Service (economics), services that a society Production (economics), produces. It can be measured as the increase in the inflation-adjusted Output (economics), output of an economy in a given year or over a period of time. The rate of growth is typically calculated as List of countries by real GDP growth rate, real gross domestic product (GDP) growth rate, List of countries by real GDP per capita growth, real GDP per capita growth rate or List of countries by GNI per capita growth, GNI per capita growth. The "rate" of economic growth refers to the Exponential growth, geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents the trend in the average level of GDP over the period, and ignores any fluctuations in the GDP around this trend. Growth is usually calculated in "real" value, which is real v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
