The Great Depression: Delayed Recovery and Economic Change in America, 1929-1939 (Paperback) (ISBN-13: 9780521379854)

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.

Author: Michael A. Bernstein
ISBN-10: 0521379857
ISBN-13: 9780521379854
Publisher: Cambridge University Press
Language: English
Published: 01/27/1989
Pages: 288
Format: Paperback
Weight: 0.88lbs
Size: 8.98h x 6.01w x 0.59d