Great Depression

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Great Depression

the DEPRESSION that was experienced by many countries in the decade 1929–39. The Great Depression was associated with very high UNEMPLOYMENT levels and low production and INVESTMENT levels in North America and Europe, and with falling levels of INTERNATIONAL TRADE.
References in periodicals archive ?
The world depression showed the competitiveness gap, contributing to the diminishment of exports, and the repercussions was felt strongly at the level of production and labor market.
7) Ian Brown, 'Rural distress in Southeast Asia during the world depression of the early 1930s', pp.
Washington's polemics, Hurston's words are best understood in the context of the world depression which produced a tension between racial and class affiliations for many black American intellectuals.
With the rare exception of the mid-1930s through the mid-1960s, when the federal government seemed the bulwark against world depression, the Nazis, and the Soviet Union, Americans have almost always said they felt this way.
The intense isolation, especially in desolate country towards the end of a long trek, could produce bouts of depression when anxieties surfaced - over adverse comments by his superiors, or a decision not to interfere in a particular tribal matter, or indeed about his own future when the service was considering a 20 per cent retrenchment to counter the financial impact of world depression.
The world depression, as well as rising fascist and communist sentiments, both of which had seized the initiative throughout Europe, made prospects for Spanish democracy doubtful despite the king's April 1931 abdication.
As a bedside reader for the wee small hours the mighty issues of the modern world raised in Picnics on Vesuvius in a forthright common sense style should be no help to the insomniac as the distinguished author takes on the world depression of the 1990s, the AIDS threat, the decline of the United States, the rise of China, the collapse of traditional moral values and religious faith, and the way in which the socialist alternative to religion has lost its way if not its soul.
While the classical liberalism of Locke and Mill sought the maximum freedom of individuals against interference from the state, the emphasis was moved from |negative' to |positive' liberty by the social-minded |new liberalism', fostered by world war and world depression, which viewed the state as an enabling institution promoting equality of opportunity.
In fact Gordon Brown prevented a world depression through his immense leadership during this period at the London G20 whilst the Tories would have done nothing.
A serious understanding of US foreign policy toward Latin America requires a discussion of the main objectives of the Obama regime, the global priorities of imperial policy in times of multiple wars and world depression.
But after a two-hour Congress meeting yesterday they were said to have agreed it - following a stark warning from President Bush that not doing so risked triggering a 1930s-style world depression.

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