The Recession of 1937-1938 (10 mayo 1937 año – 10 jun 1938 año)
Descripción:
Some reasons for this rescession were 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.Añadido al timeline:
fecha:
10 mayo 1937 año
10 jun 1938 año
~ 1 years