I thought this was a pretty interesting read, albeit short, of the Great Depression from a political point of view. He did leave out Huey P Long.
The definition of a depression, which I had thought was 20% unemployment, is listed in Wikipedia as
Some economists require a fall in GDP of 10 per cent or more before a recession would be referred to as a depression.Regards -- Cliff
No comments:
Post a Comment
Please be forthright, but please consider that this is not a barracks.