GREAT DEPRESSION, THE

ITS ORIGINS IN ACCELERATION AND ELECTRIC UNIT DRIVE

By: Bernard C Beaudreau

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Hardcover | 26 January 2023

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Hardcover
284 Pages

Dimensions(cm)
22.86 x 15.24 x 1.75

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This book is part of a new generation of work on the events of the 1920s and 1930s, one that provides a gestalt view of this period. As such, the many events that have until now been viewed as unrelated, are viewed as parts of a greater whole, namely the introduction of a new power drive technology in the form of electric unit drive and its effects. The Roaring Twenties, the spectacular growth recorded in the 1920s, the Smoot-Hawley Tariff Act, the Stock Market Boom and Crash, the decline in investment expenditure and the ensuing depression, and the National Industrial Recovery Act are shown to be tributary events.

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