1937 Recession (1 Mai 1937 Jahr – 1 Jun 1938 Jahr)
Beschreibung:
Lasted 1 year and 1 monthAmong the worst recessions of the 20th century
Caused by the tight fiscal policy resulting from an attempt to balance the budget after New Deal spending; the tight monetary policy of the Federal Reserve; and the declining profits of businesses leading to a reduction in business investment.
Zugefügt zum Band der Zeit:
Datum:
1 Mai 1937 Jahr
1 Jun 1938 Jahr
~ 1 years