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Politics and World-Economy in the Great Depression of 1929–1934
Published online by Cambridge University Press: 05 August 2009
Extract
In The long history of economic highs and lows, of prosperity and depression, no single change seems to have played so great a political and ideological role as the Depression of 1929–1934. Our generation having lived through that period, cannot gauge its great significance, but future historians (casting a retrospective glance at these years) will probably dwell on the Depression as an astoundingly powerful factor in our psychology as well as on the great number of errors connected with it.
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- Copyright © University of Notre Dame 1945
References
1 100 is the index for 1923–1925; these indexes, though official, do not correspond in all details with the indexes mentioned earlier which embraced all the salaried groups.
2 Statlsthches Jahrbuch für das Deutsche Reich, 1938, p. 559. It is difficult to say whether political bias is not reflected in the figures for 1934–1937.