Great Depression What: Difference between revisions
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[[Debt Deflation Hypothesis]] |
Revision as of 16:56, 3 December 2006
The 1920's
In the United States the decade of the 1920's was a decade of brisk economic growth in the United States. Major innovations in the consumption behavior of households led to the purchase of durable goods such as automobiles, refrigerators, and radios, which utilized the availability of more credit.