The 'Long Depression' (0 ч 20 мин, 18 сент 1873 г. – 0 ч 20 мин, 18 сент 1896 г.)
Описание:
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.Добавлено на ленту времени:
Дата:
0 ч 20 мин, 18 сент 1873 г.
0 ч 20 мин, 18 сент 1896 г.
~ 23 years