What lessons were learned from the great depression

Reference no: EM132127689

Question: After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II. Now, the chances of another depression of that duration seem extremely remote. What lessons were learned from the Great Depression that presumably will not be repeated?

Reference no: EM132127689

Questions Cloud

How fast would the economy be growing : In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7%.

Components of the information systems : How do you apply the five components of the information systems to an information systems application like "online bill pay" system offered by many banks.

About leadership style-traits-adaptability and development : We have read much about leadership style, traits, adaptability, development, etc.

Identify the differences between the terms : Explain data, information, and knowledge with examples. Make sure to clearly identify the differences between the terms.

What lessons were learned from the great depression : After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II.

Attributes using the eight dimensions of quality : Classify each of these attributes using the eight dimensions of quality (i.e., performance, features, etc.).

What are the principal reasons for that change : Older business cycle theories used to focus on what was called the ‘‘interaction of the multiplier and the accelerator'' to produce endogenous business cycles.

Make a function last-char that consumes a nonempty string : Make a function last-char that consumes a nonempty string and produces a string consisting of the last character in the original string.

Location for residential and commercial properties : Compare and contrast the importance of location for residential and commercial properties.

User Account

All Pages