Tuesday, April 15, 2014 - 0 comments

Great Depression Introductions

1929s America’s economy was destroyed when the markets suffer huge losses. Great Depression decrease the ability of public purchasing, the collapse of major corporations to the rise of unemployment.  Keynes saw that the need for government intervention in the market to maintain a stable or "balance" between investment and consumption series, in 1939 government take over again in market to increasing from economic failure.

After great depression America was tried to get up and improve the economic conditions, at that time the government had a plan to turning back the company and agricultural activities. By way of establishing new institutions of governance that provide credit facilities for light industry and agriculture.  Provide assistance to the unemployed and to those in danger of losing their homes and fields. (employment opportunities for the unemployed).  Fixing the banking and credit system. With step banks closed and reopened first if the debt has been paid. The government policy of currency inflation using moderate to initiate movement of the increase in commodity prices and to pay installments to the debtor, and that is periods which occur during the Great Depression.

Hesty Juliani Eka Putri


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