WWI vs WWII on consequent economic depression/growth: Difference between revisions
From Dickinson College Wiki
Jump to navigationJump to search
| Line 21: | Line 21: | ||
==The Bull Market== | ==The Bull Market== | ||
*Lending on Margin | |||
*The rise of big business | |||
*Simply supply vs. demand | |||
=Depression Strikes= | =Depression Strikes= | ||
==Causes of the Depression== | ==Causes of the Depression== | ||
Revision as of 23:02, 28 November 2007
World War I
Economic Impact of World War I
- 52% of GDP
- 4 million men fighting meant countless hours of labor lost
- 3.5 million workers added to Federal workforce
Economic Legacies of World War I
- The new Economic Superpower
- Planning for the Future
The Roaring Twenties
Prosperity in America
- Failure is the first step towards success
- The Nouveau Riche
- A new technological age
Contributors to Success
- Increase in the savings rate
- Growth of new Industry
- The high standard of living wage
The Bull Market
- Lending on Margin
- The rise of big business
- Simply supply vs. demand
