1937 Recession (1 май 1937 г. – 1 июн 1938 г.)
Описание:
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.
Добавлено на ленту времени:
Дата:
1 май 1937 г.
1 июн 1938 г.
~ 1 years
