The Great Depression and the New Deal

Great depression

The unbalanced economic: After the War, governments of different countries, had hoped to regain economic prosperity they had enjoyed until 1914. During the years 1918-1919, it appeared that these expectations were being met, but in 1920 began a crisis that brought down prices and expectations.

In 1924, the crisis was overcome, and began a new era of prosperity that economic growth resumes, even though some prices of basic food commodities and back down again, and that unemployment remained high. These desequilibraos lead to a new crisis, but this time deeper.

Extension of the crisis

Existing connections in ...