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Ottoman suppression of the printing press is sometimes discussed by economists as a contributor to that empire's very long and slow decline: The Ottomans regulated the printing press heavily to prevent the loss it would have caused to the ruler’s net revenue by undermining the legitimacy provided by religious authorities . . . Although the Ottomans ...


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I am writing as the author of "A Modern Approach to Graham and Dodd Investing. Published in 2004, the book discussed the 1929 crash and predicted another one (which occurred in 2008-2009). It also provided a road map of how "other events" caused the fallout from the 1929 crash to turn into the Great Depression, and why the absence of such events have (so ...


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Well, it certainly was not a result, because it happened well before the "Great Depression" which didn't really get going until 1936. A lot of people think the "Depression" began in 1932, but this is not really true. The bread lines and high unemployment actually did not become significant until 1935-6. Before then the "crisis" was financial, mainly ...


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Did the Stock Market Crash of 1929 effectively cause the Great Depression? No. The stock market crash was most likely a serious contributory factor in the onset of the Great Depression. However, it did not "effectively cause" the economy to implode - there were serious pre-existing weaknesses in the late 1920s economy. In fact a recession was already ...


4

Using Measuring worth and the initial values supplied by @WladimirPalant: The harm to British Interests: In 2011 £14 million using UK average earnings inflation In 2011 £91 million using share of UK GDP inflation The losses to the nascent US economy (using 1774 base year, 1773 and earlier unavailable). Using 6s to the dollar: In 2013 $1 million using ...



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