The Great Depression: Delayed Recovery and Economic Change in America, 1929 1939

By Michael A. Bernstein

Book Overview

By examining the uneven fate of manufacturing industries during the 1930s, Michael Bernstein presents a powerful new interpretation of the Great Depression. The depth and persistence of the slump, he argues, cannot be explained by cyclical theories alone, but by the conjunction of a crisis in financial markets with a long-run transformation in the kinds of goods and services required by firms and households. By focusing on evidence from specific industries, Professor Bernstein provides a more detailed picture of what happened to the American economy in the thirties that was so different from previous downturns.

• Format: Paperback
• Language: English
• ISBN: 0521379857
• ISBN13: 9780521379854
• Release Date: January 1989
• Publisher: Cambridge University Press
• Length: 288 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"