The 'Long Depression' (0 ore 20 min, 18 sett 1873 anni – 0 ore 20 min, 18 sett 1896 anni)
Descrizione:
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.Aggiunto al nastro di tempo:
Data:
0 ore 20 min, 18 sett 1873 anni
0 ore 20 min, 18 sett 1896 anni
~ 23 years