In the United States, agricultural organizations sponsored programs to teach housewives how to optimize their gardens and to raise poultry for meat and eggs.Oral history provides evidence for how housewives in a modern industrial city handled shortages of money and resources. First, it is not able to explain why the demand for money was falling more rapidly than the supply during the initial downturn in 1930–31.During the Crash of 1929 preceding the Great Depression, margin requirements were only 10%.Outstanding debts became heavier, because prices and incomes fell by 20–50% but the debts remained at the same dollar amount. "Do we push this to 20% and stay there for a few quarters? On the contrary, the present depression is a collapse resulting from these long-term trends.The first three decades of the 20th century saw economic output surge with There is also consensus that protectionist policies such as the Some economic studies have indicated that just as the downturn was spread worldwide by the rigidities of the Every major currency left the gold standard during the Great Depression. On the other hand, consumers, many of whom had suffered severe losses in the stock market the previous year, cut back their expenditures by 10%. This interpretation blames the Federal Reserve for inaction, especially the One reason why the Federal Reserve did not act to limit the decline of the money supply was the The monetary explanation has two weaknesses. When these are added to the marginally employed, the rate is above the Great Depression’s 24.9%. 1 The unemployment rate for women in May (14.3%) was higher than the unemployment rate for men (11.9%). The theme was that economic reforms were more urgently needed than political reforms.The crisis affected France a bit later than other countries, hitting hard around 1931.The depression was relatively mild: unemployment peaked under 5%, the fall in production was at most 20% below the 1929 output; there was no banking crisis.However, the depression had drastic effects on the local economy, and partly explains the France's relatively high degree of self-sufficiency meant the damage was considerably less than in neighbouring states like Germany. Both currencies in 1929 and 2008 were the U.S. dollar, but analogously it is as if one was a Saber-toothed tiger and the other is a Bengal tiger; they are two completely different animals.
This resulted in a strong and swift negative reaction from nationalists, especially those in the army, culminating in his assassination in the course of the The deficit spending had a transformative effect on Japan.
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