Factory Output Drops
Factory Output Drops analyzes the drastic 46% decline in U.S. industrial production from 1929 to 1932, a pivotal period of the Great Depression. It investigates the causes and consequences of this economic contraction, highlighting the fragility of industrial economies when faced with unchecked market forces and inadequate government intervention. The book emphasizes how the overproduction of good...
Factory Output Drops analyzes the drastic 46% decline in U.S. industrial production from 1929 to 1932, a pivotal period of the Great Depression. It investigates the causes and consequences of this economic contraction, highlighting the fragility of industrial economies when faced with unchecked market forces and inadequate government intervention. The book emphasizes how the overproduction of good...
