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The Depression of 1920–1921 was a sharp deflationary recession in the United States, United Kingdom and other countries, beginning 14 months after the end of World War I. It lasted from January 1920 to July 1921. [1]
Nov 18, 2009 · As we shall see, the U.S. experience during the 1920–1921 depression—one that the reader has probably never heard of—is almost a laboratory experiment showcasing the flaws of both the Keynesian and monetarist prescriptions. The 1929–1933 Great Contraction.
Sep 22, 2010 · The Panic of 1920 started out as a contender for the greatest depression of all time, with a drop in prices and production during its first twelve months that dwarfed those of any other...
Oct 18, 2022 · The market bottomed on August 24, 1921, at 63.9, a decline of 47% (by comparison, the Dow fell 44% during the Panic of 1907 and 89% during the Great Depression). The climate was terrible for businesses—from 1919 to 1922 the rate of business failures tripled, climbing from 37 failures to 120 failures per every 10,000 businesses.
Mar 18, 2021 · In the Shadow of the Slump: The Depression of 1920-1921. Posted On : March 18, 2021 Published By : BER staff. DAVIS KEDROSKY – MARCH 18TH, 2021. EDITOR: RAINA ZHAO. Overshadowed by the Wall Street Crash of 1929, the Depression of 1920-1921 appears, if at all, as a footnote to the history of the interwar United States.
Using a newly discovered dataset of U.S. bank suspensions from 1921 to 1929, we discovered that banking panics were more common in the 1920s than had been believed. Besides identifying panics, we investigate their determinants, finding that local banking panics were more likely when fundamental economic conditions were
May 18, 2021 · The 1921 Emergency Quota Act was a key moment in the continuing struggle over power and identity rooted in questions of immigration, establishing a major precedent in immigration restriction. Despite the ebbs and flows of policy, that precedent continues to exert an influence to the present.
