RethinkingGreatDepression_C3_C4_C5

RethinkingGreatDepression_C3_C4_C5 - Rethinking Rethinking...

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Rethinking Rethinking the the Great  Great  Depression Depression Part II: The New Deal The Depression of 1937-1938 Anemic Recovery of 1938-1940 The Effects of WWII on the Economy
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No particular economics expertise. Change = f(academic advisors) The problem of  “underconsumption/ overproduction” (?) Industrial planning Reform vs. Recovery
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Banking Relief Jobs TVA AAA NRA
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1933 Economic  Rebound Gold inflows; banks rebound. March to July March to July Non-durables  Production +35% Durables +83% Unemployment -5%
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1933 Economic Slide July to November July to November Non-durables  Production -19% Durables -32% Unemployment no change
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Back to July 1933 …  Date: Date: Durables  Production July 1935 Manufacturing  Production August 1935 Unemployment October 1934
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This note was uploaded on 10/20/2010 for the course ECO 473 taught by Professor Foster during the Spring '07 term at N. Arizona.

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RethinkingGreatDepression_C3_C4_C5 - Rethinking Rethinking...

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