Questions tagged [economy]

Questions which concern the historical management, distribution, and usage of resources; why a particular resource, or state of production, occurred in a certain way.

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38
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10answers
12k views

Why did the United Kingdom industrialize first?

What factors made the United Kingdom the first to industrialize? Was it simply the importance and benefit of its position in the global community for trade?
59
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9answers
55k views

How did Nazi Germany finance itself during WW2?

How did Nazi Germany finance itself during the war? They produced a large amount of war material during 1939-1945, but how was this production financed? What were Germany's revenue streams that ...
8
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2answers
2k views

How dependent was Nazi Germany on iron ore from Sweden?

From the wikipedia article on Swedish iron mining during WW2, there are a lot of uncited claims. I'll quote the most outstanding of them here: In the year before the war, Germany received 22 ...
10
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1answer
988 views

At the start of Barbarossa, what was the state of Germany's oil supply?

Very recently, I came across this statement from Wikipedia: In 1938, two thirds of German oil supply came from the United States and Latin America. It has a citation, some book reference that ...
19
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4answers
3k views

Why was gold so popular and valuable back when it did not have many real world uses?

I'm talking about back when it was first starting to get discovered, like 2000 B.C. (roughly). Gold was being used for coins, jewellery and more. It was a very well known commodity and accepted ...
24
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4answers
29k views

When and where was salt as valuable as gold?

I have often heard that gold and salt were sometimes considered of equal value. When and where did that occur?
11
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3answers
25k views

GDP per capita of major combatants before and after WWII?

Perhaps this is difficult to measure and maybe not even a good metric for anything meaningful, but what was the GDP and GDP per capita for nations around the world immediately before World War II? ...
8
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4answers
922 views

What were the limitations on possession of wealth in Soviet Russia and how were they enforced?

Specifically: How were workers compensated, was wage equal everywhere? If not - what affected the variations? What were the limitations of possession of money and/or assets? How were they enforced? ...
14
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3answers
3k views

Gold Confiscation Act of 1933

On March 9, 1933 Franklin D. Roosevelt (FDR) called Congress in for an emergency session, which would result in the speedy passing of the Gold Confiscation Act. According to FDR's Executive Order (...
4
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3answers
1k views

Based on historical experience what would happen if/when the USA/EU fell? [closed]

In this video the guy talking mentions that when empires fall. Governance tends to become more local and smallscale(warlords, feudal lords etc) because threats tend to become smallscale and local. And ...
8
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5answers
415 views

How do we measure the adequacy of pre-modern monetary supply?

In a comment to a response to another question, P. Geerkens made the offhand comment that: the monetary supply of Europe was grossly inadequate until New World silver arrived. I'm intrigued. How ...
4
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1answer
533 views

Why don't the Americas use ISO paper sizes?

In the mid-sixties, most countries standardized on ISO paper sizes (A-series, B-series, etc.). The Americas didn't. Why not? (Around the same time there was a failed push in the US to switch to ...
3
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2answers
6k views

What was the price of a horse around 1750?

I'm looking for the average price of a horse, in British Pounds, around the year 1750. I'm interested in draft horses (they pull carts), not riding horses, but the difference in price between those ...
50
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2answers
8k views

Where did the Romans store their cash?

In the era before banking was invented, where did wealthy Romans store their cash? The emperor probably could store it somewhere in the imperial palace thanks to the Praetorian guard, but what about ...
47
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4answers
16k views

Where did Hitler get the funds to invest in economic development programs such as the autobahn when the German economy was in a depression?

Where did Hitler get the funds to invest in economic revitalization programs such as the autobahn and weapons' production when the German economy was in a depression?
16
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1answer
36k views

How did Germany rebuild so quickly after World War I?

After World War I, Germany suffered severe economic damage. Germany was asked to make horrendous war reparations, suffered hyperinflation, social chaos .... In addition, world economic conditions were ...
10
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4answers
2k views

In the Soviet Union, how was payment enforced for public transportation?

From my previous, related question, public transport was not free in the USSR. It seems prices were very low, around 3 to 5 kopecks. This seems so low that I'm surprised the government didn't simply ...
29
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7answers
7k views

Has there ever been anything like the oil boom we see today?

Since the discovery of oil, there have been entire nations that have literally been built from the ground up almost completely with oil money. This has been done, and is still being done, in ...
26
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5answers
18k views

How heavily were the British taxing their American colonies?

The British levied several taxes on the American Colonists (13), which were at least part of the reason for the American Revolution. Were the British taxing the 13 colonies for more money than was ...
24
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5answers
6k views

Was public transportation free in the Soviet Union?

Was public transportation free in the Soviet Union? I'm interested in the metros and buses. If not, what did they cost? I'm most interested in the period around the late 1950's, early 1960's, but it ...
16
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2answers
4k views

How did the Germans get housing again after WWII?

After a large number of homes were destroyed in the war, how did the average German become a homeowner again? I know about the Marshall Plan, but this question does not refer to how the economy in ...
14
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5answers
2k views

What was the worst economic crisis of all times?

I am interested in reading about the worst economic crisis of all times. By that I mean the largest reduction in GDP over a period of at least a year. The economic crisis should not have been caused ...
34
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5answers
5k views

Was slavery really on the way out in the antebellum USA?

Gail Jarvis, in an encomium to the Dunning School writes: William A. Dunning fervently opposed slavery but his reading of the trends of the times led him to the conclusion that the institution ...
26
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4answers
659 views

How would you accurately use older British currencies when writing a story?

For writing a story set in the Napoleonic Wars era, how should one use the currencies accurately? I read in novels they use currencies like shilling, pound, guinea, sovereign, four (or six-, etc) ...
20
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2answers
4k views

What goods did Germany trade during World War II, and with whom?

I have scoured the internet for numerical figures and an actual list of raw materials to no avail. Moreover, I am reasonably certain that many of you are very knowledgeable upon this subject matter, ...
14
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6answers
9k views

Why did the Soviet Union's economy grow fast in the 1950's-1960's?

Communist economic systems self-implode. Today it has been recognized that Communism is bad for economic progress. There is no dispute that Communism makes countries poor based on what has happened in ...
9
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2answers
2k views

Did Roosevelt's New Deal lift the U.S. out of the depression or did it actually prolong the Depression and cripple American capitalism? [closed]

While the New Deal did much to lessen the worst affects of the Great Depression, its measures were not sweeping enough to restore the nation to full employment. Critics of FDR's policies, on both ...
4
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2answers
2k views

What is the equivalent buying power of one 1945 Reichsmark in 2016 Euros?

Inspired by this question How much is one 1945 German Mark to one 2016 Euro?, for example how many Reichsmark would I need to buy a loaf of bread and how many Euros compared to that?
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4answers
4k views

How did New York become the financial hub of America?

Why did New York become the financial hub of America, rather than one of the other big cities?
11
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4answers
997 views

What was more expensive to lose in a gladiatorial fight: a gladiator or a rare animal?

We know that, aside from man-to-man combat, gladiatorial fights would often pit human gladiators against wild animals. Is there any documented historical evidence that would show what was a bigger ...
8
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2answers
2k views

What were the major imports and exports of Germany and France from 1850-1915?

Background: I've been doing some digging on nineteenth century trade, and so far have found this list of Britain's major imports to be an extremely helpful big picture guide. Sadly, I've yet to google ...
5
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2answers
280 views

Where can I find financial data for the first world war? [closed]

I want to analyse the first world war on the financial aspect. Here are some of my questions. Which countries borrowed money to win the war? Where were weapons manufactured? Where can I get ...
5
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1answer
250 views

German 10 zehn heller

This 10 zehn heller , which I believe at the top on the reverse says "Notgeld" but it is really hard to make out. The date looks like "1827" but is probably 1923 and it seems to have a wood grain ...
4
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3answers
372 views

What were Albert Speer's specialties, and how did he apply them when he led Organisation Todt?

I know that Speer was the Minister of Armaments and Munitions as well as the head of the Organisation Todt, but what exactly did he do to make the war production so productive? What changes did he ...
4
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1answer
506 views

What was the relationship between slaves and poor Romans needing jobs in Rome's labour market?

In ancient Rome's labour market, what was the relationship between slaves and Romans who needed jobs to survive (wage slaves)? What market forces determined the jobs done by slaves versus those done ...
2
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0answers
212 views

Value of commodity money outside of the place it was minted

How was the exchange rate determined between different commodity currencies? E.g., country X mints gold Zorkmids, each weighing 5g, and country Y mints gold Zennys, each weighting 8 grams. When Ms.XX ...
10
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1answer
4k views

If the UK received the highest amount of Marshall Aid, why was it broke?

After WW2, Marshall Aid was distributed across Europe to facilitate the rebuilding of countries devastated by the war. West Germany received a large amount of this, and soon had a thriving economy. ...
9
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3answers
4k views

What was the reason for inflation in Britain after the Black Death?

According to the Wikipedia article Ordinance of Labourers 1349 During this outbreak [of Black Death], an estimated 30-40% of the population died. The decline in population left surviving workers in ...
9
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2answers
485 views

What jobs were available for migrants from the country to Rome?

I've read that the during the late Roman republic and early empire there was a great migration from country to urban living. Historians estimate in peninsular Italy 15%-20% of the population lived in ...
8
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2answers
909 views

When did Northern India and N. China begin to dominate in global demographics?

Video: Human Population Through Time This simple video says that there were 170 million people in the world at the beginning of the current era. Each dot represents a million people -there are about ...
7
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2answers
510 views

Examples of censorship causing economic decline [closed]

I am writing a blog post about knowledge banning, either by state censorship or by self-imposed censorship, like the US Comics Code Authority of the 20th century. My focus is moral censorship, ...
6
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2answers
763 views

How/why did Plzeň become the “armourer” for Austria-Hungary?

In 1938, Nazi Germany coveted (the modern) Czech [Republic] in large part for its Skoda Works which produced something like one-quarter of the arms and ammunition used by the Third Reich. From what ...
6
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3answers
534 views

Did the U.S economy flourish after national debt was eliminated by President Andrew Jackson in 1835?

President Andrew Jackson totally eliminated U.S national debt in 1835. Did the U.S economy boom in the aftermath of debt elimination as a result of not being shackled by debt? Was it good economic ...
6
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3answers
6k views

How much did a telephone call cost in the USA around 1920?

I am looking for data on historic telephone call prices in the US between 1920 and 1930. What did it cost to make a call? I know that, back then different rates were charged based on the distance of ...
3
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1answer
144 views

Where did the profits for the founders of the Bank of England come from?

Royal assent was given for the formation of the Bank of England, in part, to help pay for the Nine Years' War (1688-97) with France in 1694. The founding of the Bank and, and in effect, the loan it ...
2
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0answers
76 views

What is a common reason that Empires fall or collapse and can they be corrected? [duplicate]

Possible Duplicate: Are there any similarities in what happens when Empires collapse? The question I have is 2 fold what causes most Empires or Nations to fall other than over powered by a ...
2
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2answers
7k views

Circa 1940, what was the oil production of each nation?

I'm looking for a source that lists all crude oil production by each nation, as it was in 1940. The reason is to understand geopolitics of the time, especially the oil security (or lack thereof) of ...
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3answers
160 views

How did redenomination prevent the Weimar Republic from further decline?

My school is currently teaching us European History in the 20th century, and we were on the topic of the Weimar Republic. It got me thinking, how exactly did redenomination of currency save the ...
0
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1answer
199 views

At the end of the Seven Years War, what was the total amount of gold and silver in Britain?

The Seven Years War ended in 1763. At that time, how much gold and silver existed inside Britain? This would include the British Treasury as well as any personal gold/silver of the nobility and ...
0
votes
1answer
125 views

Is there a different view by political-scientist in history that printing more bill is different from adding few more zeros in a bill [closed]

Is there a different view by political-scientist in history mention that printing more bill is different from adding few more zeros on the bill. I know some Africa country tend to doing that.