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         Crash Of 1929 & The Depression Economics:     more books (33)
  1. The Great Crash, 1929 by John Kenneth Galbraith, 1988-04-08
  2. The Stock Market Crash of 1929: Dawn of the Great Depression (American Disasters) by Mary Gow, 2003-09
  3. The Great Crash: How the Stock Market Crash of 1929 Plunged the World into Depression by Selwyn Parker, 2010-02-01
  4. The Crash of 1929 (World Disasters Series) by Ronald Migneco, 1989-09
  5. World History Series - Crash of 1929 by Nathan Aaseng, 2001-05-01
  6. The Stock Market Crash of 1929 (Landmark Events in American History) by Scott Ingram, 2004-07
  7. Rainbow's End: The Crash of 1929 (Pivotal Moments in American History) by Maury Klein, 2003-05-01
  8. Great Depression in the United States: Great Depression, Wall Street Crash of 1929, Deflation, Causes of the Great Depression, Debt, Gini coefficient, Smoot? Hawley Tariff Act
  9. STOCK MARKET CRASH (1929): An entry from Macmillan Reference USA's <i>Encyclopedia of the Great Depression</i> by PETER FEARON, 2004
  10. 1929 stock market crash (History in the headlines) by Douglas M Rife, 2000
  11. At Issue in History - The Crash of 1929 (paperback edition)
  12. The Year of the Great Crash, 1929 by William K. Klingaman, 1991-05
  13. The Stock Market Crash of 1929: The End of Prosperity (Milestones in American History) by Brenda Lange, 2007-04-30
  14. The Day the Bubble Burst: A Social History of the Wall Street Crash of 1929 by Gordon Thomas, Max Morgan-Witts, 1979

81. Webquest:The Great Depression
The Wall Street stockmarket crash of 1929 precipitated the Great depression,the worst economic downturn in the history of the United States.
http://www.plainfield.k12.in.us/hschool/webq/webq1/webquest.htm
Webquest:
The Great Depression

http://www.plainfield.k12.in.us/hschool/webq1/webquest.htm The Wall Street stock-market crash of 1929 precipitated the Great Depression, the worst economic downturn in the history of the United States. The depression had devastating effects on the country. The stock market was in shambles. Many banks couldn't continue to operate. Farmers fell into bankruptcy. A quarter of the working force, or 13 million people, were unemployed in 1932, and this was only the beginning. The depression lasted over a decade, with hundreds of thousands of Americans losing their jobs, businesses failing, and financial institutions collapsing.
The Task
Your teacher has assigned you a profession. Assume the role of a person in that profession living in the Great Depression. Use the resources to explore your economic choices for your family.
  • Determine your weekly wage and yearly income for your profession.
  • Determine how long you would need to work to buy certain items for your family.
  • Answer questions about the choices in your daily life with your profession.

82. Great Depression, By Robert J. Samuelson: The Concise Encyclopedia Of Economics:
Kindleberger contends. The start of the depression is usually datedto the spectacular stock market crash of 1929. The Dow
http://www.econlib.org/library/Enc/GreatDepression.html

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Great Depression
by Robert J. Samuelson The Great Depression of the thirties remains the most important economic event in American history. It caused enormous hardship for tens of millions of people and the failure of a large fraction of the nation's banks, businesses, and farms. It transformed national politics by vastly expanding government, which was increasingly expected to stabilize the economy and to prevent suffering. Democrats became the majority party. In 1929 the Republicans controlled the White House and Congress. By 1933, the Democrats had the presidency and, with huge margins, Congress (310-117 in the House, and 60-35 in the Senate). President Franklin Roosevelt's New Deal gave birth to the American version of the welfare state. Social Security, unemployment insurance, and federal family assistance all began in the thirties. It is hard for those who did not live through it to grasp the full force of the worldwide depression. Between 1930 and 1939 U.S. unemployment averaged 18.2 percent. The economy's output of goods and services (gross national product) declined 30 percent between 1929 and 1933 and recovered to the 1929 level only in 1939. Prices of almost everything (farm products, raw materials, industrial goods, stocks) fell dramatically. Farm prices, for instance, dropped 51 percent from 1929 to 1933. World trade shriveled: between 1929 and 1933 it shrank 65 percent in dollar value and 25 percent in unit volume. Most nations suffered. In 1932 Britain's unemployment was 17.6 percent. Germany's depression hastened the rise of Hitler and, thereby, contributed to World War II.

83. Rainbow's End : The Crash Of 1929 (Pivotal Moments In American History) Hardcove
and economists continue to argue over the causes of the stock market crash of1929 and the role it played in bringing on the Great depression.
http://www.data4all.com/list/500/512000/0195135164
Rainbow's End : The Crash of 1929 (Pivotal Moments in American History) Hardcover - 368 pages (October 2001)
Information, reviews, pricing for Rainbow's End : The Crash of 1929 (Pivotal Moments in American History) Hardcover - 368 pages (October 2001)
The Man Who Made Wall Street : Anthony J. Drexel and the Rise of Modern Finance
Forbes Greatest Investing Stories

A Duel of Giants: Bismarck, Napoleon III, and the Origins of the Franco-Prussian War

The End of Globalization : Lessons from the Great Depression

84. Diary Of A Depression
which was triggered by the stock market crash of 1929. Quite possibly, the semi crashof the 1990's and 2000 once the chain leading to a depression begins, it
http://www.gold-eagle.com/editorials_01/stott012501.html
Printer Friendly Version Diary of a depression First of all, the cruel depression of the 1930's did not begin with the stock market crash of October 1929. Although the market had lost 84% of its value in that crash, the depression that rocked America and the rest of the world didn't really get into full bloom until almost two years later. Ford ceased production of its famous Model A in 1931, and had sold plenty of them. It was the 1932 models, and from then on, which were poor sellers and are difficult for collectors to obtain today. There was little currency around to buy them. The market crash was viewed by many as a wringing out of an over-inflated market, or the popping of a balloon, just as today's semi-crash is being regarded. So far, the Dow has lost a bit over 11%, which consists of 30 stocks, but the NASDAQ has lost 55%, which involves hundreds of stocks. NASDAQ has not achieved the unbelievable 84% market decline experienced in 1929, but many feel the decline is far from over. What happens to cause a depression? A lot of things, none of which are sudden occurrences, but all of which may be, and indeed were caused in the '30's, by the crash in late '29. Today, over a hundred million citizens, retirement plans, banks, union assets, et al, have their wealth in a market that has lost over half of its value. The tragedy is enormous. Well over a trillion dollars has been wiped out. The trillion has not been transferred to someone else or stolen. It has ceased to exist.

85. What Is Macroeconomics?
Economists came to a shocking conclusion….The Great depression need never havehappened if plans to prevent the tragedy of the Wall Street crash in 1929.
http://mtmt.essortment.com/whatismacroeco_rcyd.htm
What is Macroeconomics?
To answer the question “what is Macro Economics”, it is necessary to first look at why it is necessary for Economists to study MacroEconomics. It all started on 23 October 1929 - this was the day that Wall Street (the New York Stock Exchange) crashed and almost crippled the economy of the United States of America and the rest of the world. bodyOffer(25909) Successful businessmen found that they had lost everything, wealthy families became paupers overnight and many chose to end their lives rather than to face the devastation that this financial catastrophe had wrought in their lives. Some people hoped that somehow a miracle would come about and restore wealth that had been lost, but when the Vienna Kreditastalt declared bankruptcy on 14 May 1931, it was all too clear that the years ahead would be the most financially difficult that the world would have to endure. Before the Wall Street Crash, just over 3% of the work force of Americans were unemployed and by 1933, a mere four years after the Wall Street Crash, a quarter of America’s labour force were unemployed! The rest of the world reeled in shock as well, but the Wall Street Crash did not have as big an impact on the other countries as it did have on the United States of America. The United Kingdom had already experienced problems with unemployment during the mid-1920s.

86. The Great Depression @ SchoolAtlas
Freeman Back-issues; The Main Causes of the Great depression -Interpretations onthe causes for the great depression of the 1930's. The crash of 1929 -1. New
http://www.schoolatlas.com/search2/History/American_History/U_S_Economic_History
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  • Sliding into the Great Depression -Golden Fetters
  • 1930s Great Depression Gallery, Michigan Historical Museum -The Michigan Historical Museum's 1930s gallery presents these stories of Michigan during the Great Depression: Labor unions and the Flint sit-down strike, Paul Honore's Natural Resources Mural, bungalows, radio, lighthouses and the Great Lakes, President Franklin D. Roosevelt's New Deal programs and the Civilian Conservatin Corps in Michigan.
  • Where Hope Was Found
  • The Freeman -Back-issues
  • The Main Causes of the Great Depression -Interpretations on the causes for the great depression of the 1930's.
  • The crash of 1929
  • New Deal Network: The Great Depression, the 1930s, and the Roosevelt Administrat
  • 87. [Regents Prep U.S. History] Economics:New Deal
    Great depression. Great depression The Stock Market crash of 1929is considered the beginning of the Great depression. The crash
    http://regentsprep.org/Regents/ushisgov/themes/economic/newd.cfm

    Regents Prep
    U.S. History Economics
    New Deal Prosperity
    World War I:
    The government took a more active role in the economy as the country mobilized for war. Different federal agencies handled such decisions as what to produce how much , how to distribute food and supplies , how to handle transportation problems , and how to handle labor disputes . The government also began to directly supervise telephone and telegraph business , as well as other public utilities . The 1917 War Revenue Act provided funding for the war through increased taxes and the sale of war bond. After the war the economy took a slight downturn as wartime production of materials slowed to a peacetime environment. But, shortly after, America experienced strong economic prosperity . Between and the U.S.

    88. Unemployment Relief Distribution In The Bay Area During The Depression
    eLibrary is the subscription based online library for fun or research. Find out more about securing your guaranteed Free 7day trial with your credit card and retrieve 'eLibrary.com - Minneapolis Star Tribune 12-29-1999 pp 09E, 'BUSINESS/economics //
    http://www.eh.net/Clio/Publications/unemployment.html
    Unemployment Relief Distribution in the Bay Area During the Depression
    Charmaine Go, University of California-Berkeley The 1920s will always be remembered as a decade filled with growth, energy, and prosperity. Families surrounded themselves with modern durable goods such as radios, appliances, and automobiles which made life easier and more convenient. However, a few years later, many of the same Americans found themselves in the opposite position. Instead of spending disposable income on consumer durable goods, families found themselves without enough money to pay for daily necessities such as food and shelter. During the Depression, the 1920s aura of endless opportunity and wealth quickly dissipated as feelings of uselessness and shame overtook American society. Unemployment grew to an all time high in 1933 and for the first time in American history, the federal government began to expand its role as caretaker of society as it offered relief and aid to those without jobs. As unemployment became a mass phenomenon and relief demand increased, it is necessary to question whether or not the local city welfare systems utilized the best distribution method for allocating scarce relief resources. More specifically, the Bay Area used three different methods of food relief allocation and in light of research it can be concluded that San Francisco county's commissary system was the most effective method for relief allocation. The intent of this paper is multifaceted. Section one discusses the key highlights of the Depression so that Bay Area statistics can be placed in a frame of reference. Section two looks at the unemployment and relief situation in the Bay Area. It examines the general statistics of unemployment in San Francisco, Oakland, and Berkeley as well as describes the providers and recipients of relief in the Bay Area. Finally, Section three examines the different relief distribution methods used by agencies in the Bay Area and argues that San Francisco's commissary system was more efficient than Berkeley's cash system or Alameda's grocery-order system.

    89. Causes Of The Great Depression
    manufacturing were contracting in the year before the stock market crash of1929. (More) Next Section Timeline of the Great depression Return to The
    http://www.korpios.org/resurgent/Causes.htm
    CAUSES OF THE GREAT DEPRESSION:
    A review of Keynesian theory
    To understand the Great Depression, it is important to know the theories of John Maynard Keynes (rhymes with "rains"). Keynes is known as the "father of modern economics" because he was the first to accurately describe some of the causes and cures for recessions and depressions.
    In a normal economy, Keynes said, there is a circular flow of money. My spending becomes part of your earnings, and your spending becomes part of my earnings. For various reasons, however, this circular flow can falter. People start hoarding money when times become tough; but times become tougher when everyone starts hoarding money. This breakdown results in a recession.
    To get the circular flow of money started again, Keynes suggested that the central bank in the U.S., the Federal Reserve System should expand the money supply. This would put more money in people's hands, inspire consumer confidence, and compel them to start spending again.
    A depression, Keynes believed, is an especially severe recession in which people hoard money no matter how much the central bank tries to expand the money supply. In that case, he suggested that government should do what the people were not: start spending. He called this "priming the pump" of the economy. Indeed, most economists believe that only massive U.S. defense spending in preparation for World War II cured the Great Depression.

    90. Social Studies - U.S. History
    able to demonstrate a knowledge of events and practices that led to the stock marketcrash of 1929 and marked the beginning of the Great depression.
    http://www.sd60.k12.id.us/imc/CR4374.HTM
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    91. Prudent Bear Funds, Inc. - Bear Case Library - Book Store - Manias, Bubbles & Ma
    Elliott Wave Theory, builds his case, block by block for the onset of a deflationarydepression in the A crock of greed Rainbow's End The crash of 1929.
    http://www.prudentbear.com/bc_library_book_store3.html
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    Conquer the Crash by Robert R. Prechter, Jr.
    Bob Prechter, the world's foremost authority on Elliott Wave Theory, builds his case, block by block for the onset of a deflationary depression in the U.S. Prechter also outlines a common-sense financial strategy for surviving the rough times ahead.
    Buy It!
    Irrational Exuberance , by Robert Shiller
    The Yale economics prof blames the public's fascination with stocks on several factors including the Internet, 401(k) plans, more business coverage by the media, the success of the mutual fund industry, and general cheer leading. He warns that most investors have too little diversification and that stocks are grossly overvalued. A sober alternative to "Dow 36,000".
    Buy It!
    A crock of greed - Rainbow's End: The Crash of 1929 . By Maury Klein What caused the Crash of 1929? Maury Klein examines a slew of potoential economic catalysts, but chalks it up to human nature. Klein combines academic research with anecdotes of the Crash's impact on indivdiuals. Buy it!

    92. Economics In The News
    The way he saw it, there had been no need for the depression to follow the 1929crash, or for Japan to enter its long slump after its bubble burst in 1990.
    http://www.econ.umn.edu/~cswan/F02/Class/Nov14/bubble.html
    From The New York Times
    August 16, 2002
    FLOYD NORRIS
    After the Bubble: Are Low Rates Enough?
    While bubbles that burst are scarcely benign, the consequences need not be catastrophic for the economy. The bursting of the Japanese bubble a decade ago did not lead immediately to sharp contractions in output or a significant rise in unemployment. Arguably, it was the subsequent failure to address the damage to the financial system in a timely manner that caused Japan's current economic problems. Likewise, while the stock market crash of 1929 was destabilizing, most analysts attribute the Great Depression to ensuing failures of policy."Alan Greenspan, June 1999 No economic policy maker has become a star in the way that Alan Greenspan has. The coming year may seal that reputation, or severely damage it. By next summer, we should have a good fix on whether the Federal Reserve was right to ignore the stock market bubble in 1999. Mr. Greenspan could have used his bully pulpit to warn of overinvestment in certain areas of the economy, notably telecommunications. He could have raised margin requirements to make it more expensive to gamble on stock prices. Instead, he punted, with the assurance that there would be plenty of time to act after the bubble burst. "To spot a bubble in advance requires a judgment that hundreds of thousands of informed investors have it all wrong," he told a Congressional hearing.

    93. 1927-1933 Chart Of Pompous Prognosticators
    from Wall Street. The Times of London, November 2, 1929. The Wall Street crashdoesn't mean that there will be any general or serious business depression
    http://www.gold-eagle.com/editorials_01/seymour062001.html
    Printer Friendly Version Email this Article
    1927-1933 Chart of Pompous Prognosticators Chart locations are an approximate indication only
  • "We will not have any more crashes in our time."
    - John Maynard Keynes in 1927 "I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future."
    - E. H. H. Simmons, President, New York Stock Exchange, January 12, 1928 "There will be no interruption of our permanent prosperity."
    - Myron E. Forbes, President, Pierce Arrow Motor Car Co., January 12, 1928 "No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquility and contentment...and the highest record of years of prosperity. In the foreign field there is peace, the goodwill which comes from mutual understanding."
    - Calvin Coolidge December 4, 1928 "There may be a recession in stock prices, but not anything in the nature of a crash."
  • 94. Economics And Economist Web And Teaching Guide
    Travel PlanetHoliday. economics and Economist Web and Teaching Guide. Jobs . USCensus Bureau Home PageEconomist Jokes Jokes about economists and economics.
    http://science.searchbeat.com/economics.htm
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