Conjunctural Factors
Conjunctural factors were particularly unfavorable, since the stock-market crash—whose exceptional масштаb we have already described—was the primary cause of the deepening of the depression. The collapse of the house of cards…
National Economic Policies and the Depression
Once the causes of the crisis and the depression have been analyzed, the essential features of the national policies pursued in several countries between 1930 and 1938 can be set out. The United States and Great Britain would…
The causes of the 1929 crash
Speculation disconnected from economic activity—that is, from production levels and profits—contains within itself the seeds of its own destruction. Experience in this field is consistent. But one must then ask about the caus…
Inflation in france and the poincaré experience
French inflation did not reach the catastrophic proportions of the German case, but it persisted until 1926. The evolution of wholesale prices and the industrial production index in France shows that the 1920 crisis temporari…
The american expansion
During the years 1922–1929, a true construction boom took place, covering both housing and factories. During this period, two new industries expanded rapidly: the automobile industry and the electricity industry. Both generat…
Industrial development and the evolution of the international economy
The structural evolution that profoundly altered British and American influence in international economic relations is also reflected in the evolution of world trade and the international movement of capital.
Crisis of 1907 and the 1897–1908 cycle
We now enter the upward phase of a new Kondratieff cycle that would last from 1896 to 1920. The crisis of 1900 represents only a minor turning point in the American expansion of 1896–1907, while it marks a major turning point…
The causes of the crisis and of the depression
It is important to reflect on the causes of the 1929 crisis and the subsequent depression in order to better understand the scope of the economic recovery policies implemented by governments.
La extensión de la depresión
La depresión de los años treinta se da por el peso de la economía americana en el mundo. La producción …
La depresión mundial 1929-1932
La depresión en los Estados Unidos La depresión que sigue al crac de 1929 es extraordinariamente profunda y va a …
