Great Depression What

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The 1920's

In the United States the decade of the 1920's was a decade of brisk economic growth in the United States that was marked by an expansion of consumer credit. 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.

http://voteview.com/images/New_Deal_Economics.jpg



http://www.amatecon.com/gd/gdtimeline.html


Debt Deflation Hypothesis

Contractionary Issues

The Gold Standard Monetary Policy