The 'Long Depression' (0 St. 20 Min, 18 Sept 1873 Jahr – 0 St. 20 Min, 18 Sept 1896 Jahr)
Beschreibung:
The collapses of major banks in both Austria-Hungary and the United States led to this long, global trade recession. Initially, the German economy was kept buoyant by earlier railway-building investments. From c1876, however, demand (especially for textiles) fell off and caused growth to slow until 1894.Zugefügt zum Band der Zeit:
Datum:
0 St. 20 Min, 18 Sept 1873 Jahr
0 St. 20 Min, 18 Sept 1896 Jahr
~ 23 years