The Recession of 1937-1938 (10 mai 1937 – 10 juin 1938)
Description:
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.Ajouté au bande de temps:
Date:
10 mai 1937
10 juin 1938
~ 1 years