100 Most Important American Financial Crises, The: An Encyclopedia of the Lowest Points in American Economic History

100 Most Important American Financial Crises, The: An Encyclopedia of the Lowest Points in American Economic History

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The United States has fairly recently experienced the worst economic downturn since the Great Depression. But crippling financial crises are hardly unusual: economic emergencies have occurred throughout American history and can be seen as a cyclical and qnormalq (if undesirable) aspect of an economic system. This encyclopedia supplies objective, accessible, and interesting entries on 100 major U.S. financial crises from the Colonial era to today that have had tremendous domestic impacta€”and in many cases, global impact as well. The entries explore the history and impact of major economic events, including banking crises, economic shortages, recessions, national strikes and labor upheavals, natural resource shortages, panics, real estate bubbles, social upheavals, and the collapse of specific American industries such as rubber and steel production. Students will find this book an essential ready-reference on key events in American economic history that documents how and why these events led to significant financial and economic problems throughout the United States and around the globe.although the stock market crash of 1929 did not cause the Great Depression that followed, it was the end of a bubble and of economic expansion. The stock market dropped more than 50 percent. The depression that followed would bring anbsp;...


Title:100 Most Important American Financial Crises, The: An Encyclopedia of the Lowest Points in American Economic History
Author: Quentin R. Skrabec Jr.
Publisher:ABC-CLIO - 2014-12-09
ISBN-13:

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