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Economic depression - Wikipedia
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle. Economic depressions are
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Xem thêmIn the United States the National Bureau of Economic Researchdetermines contractions and expansions in the business cycle, but does not declare depressions. Generally, periods labeled depressions are marked
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Xem thêmToday the term "depression" is most often associated with the Great Depression of the 1930s, but the term had been in use long before then. Indeed, an early major American economic crisis, the Panic of 1819, was described by then-president James Monroeas
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Xem thêmDue to the lack of an agreed definition and the strong negative associations, the characterization of any period as a "depression" is contentious. The term was frequently used for
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Xem thêmThe General Crisis of 1640
The largest Great Depression of all time occurred during the General Crisis. The Ming Province of China went bankrupt and the Stuart Monarchy was in the civil war on three fronts in Ireland, Scotland, and England....
Xem thêmGlobal
The late 1910s and early 1920s were marked by an economic depression that unraveled in particularly...
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Great Depression - Wikipedia
The majority of countries set up relief programs and most underwent some sort of political upheaval, pushing them to the right. Many of the countries in Europe and Latin America that were democracies saw them overthrown by some form of dictatorship or authoritarian rule, most famously in Germany in 1933. The Dominion of Newfoundland gave up democracy voluntarily.
Australia's dependence on agricultural and industrial exports meant it was one of the hardest-hi…Wikipedia · Nội dung trong CC-BY-SA giấy phépDepression (economics) - Wikiquote
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