Few jobs and little demand
Unemployment was much higher in the Depression. Also, the '30s lacked most of the safeguards we take for granted today, including unemployment compensation and deposit insurance.
A basic characteristic of a command system is that the government owns most economic resources.
No. Most economic slowdowns never get bad enough to be called a depression.
The Great Depression
James Garfield
depression
Unemployment was much higher in the Depression. Also, the '30s lacked most of the safeguards we take for granted today, including unemployment compensation and deposit insurance.
A basic characteristic of a command system is that the government owns most economic resources.
No. Most economic slowdowns never get bad enough to be called a depression.
The Great Depression
James Garfield
The government owns most economic resources with a command system.
The Great Depression.
The present conditions under which we presently live, the conditions of war.
.economic policies .early depression era
The current economy of the world is either a recession or a depression. Most people who are poor, are poor through no fault of their own. They are just living in a very bad economic conditions and have not been giving the same chances as other people have.
world wide economic depression