"De Crisis." . . "Wirtschaftskrise." . . "Crisis económicas 1929 Estados Unidos." . . "Crisis econòmiques 1929." . . "Stati Uniti d'America - Crisi economiche - 1929." . . "Geschichte 1929-1941" . . "Geschichte 1929-1941." . "Geschichte (1929-1941)" . "Crises économiques 1929 États-Unis." . . "crise économique Etats-Unis Suède 1929." . . "Suècia." . . "Suècia" . "University of Rochester (Estados Unidos). Center for Research in Government Policy and Business." . . "Inflation." . . "Estats Units d'Amèrica." . . "Estats Units d'Amèrica" . "Crise économique." . . "Geschichte 1929-1933" . . "Geschichte 1929-1933." . "Geschichte (1929-1933)" . "Crises économiques 1929 États-Unis Congrès." . . "Verenigde Staten van Amerika." . . "Zweden." . . "Ciclos Economicos." . . "Crisi econòmica del 1929." . . "Crisis económicas Estados Unidos." . . "Center for Research in Government Policy and Business." . . "Crises économiques 1929 Suède Congrès." . . "Depressions 1929 Sweden Congresses." . . "Depressions 1929 United States Congresses." . . "Wirtschaft." . . "Cicles econòmics Història." . . . . "Histoire économique 1929." . . "USA." . . "1929" . . "Conjunctuur." . . "Crisis econòmiques." . . "Crisis econòmiques" . "Economische groei." . . "Economics." . . "Congressos i conferències" . . "Macroeconomics." . . "Crise économique (1929) Suède." . . "Deflation." . . "Schweden." . . "Svezia - Crisi economiche - 1929." . . "Wirtschaftspolitik." . . . . . . . . . . . . . "Conference proceedings" . . . . . . . . . . . . . . . "The Great depression revisited" . . . . . . . "Conference papers and proceedings" . "Conference papers and proceedings"@en . . . . . . . . . . . . . "The fateful days of the great stock market crash entered modem history almost 50 years ago to this day. The cyclic turning point of the U. S. economy oc curred, however, around June 1929, and economic activity receded substantial ly over the subsequent months. The onset of an economic downswing thus became clearly visible before the famous crash. But the October event stays in the public's mind as the symbol of the Great Depression. For nearly four years, until the spring of 1933, the U. S. economy plunged into a deep reces sion. Activity declined, prices fell, and there emerged a massive unemploy ment problem. The economy ultimately overcame this shock in 1933. Prices rose rapidly in spite of substantial margins of unusual resources. Activity ex panded, but occasionally at a somewhat hesitant rate. The expansion, however, was interrupted by another recession of major proportions during 1937-38. The tragic sequence of events shaped public consciousness and influenced new approaches and views in economic policymaking. The activist approach to \"stabilization policy\" and a wide range of regulatory policies were essentially justified in terms of this experience. These policies were crucially influenced by our understanding and interpretation of the Great Depression. The view of a radically unstable economic process perennially on the edge of serious collapse gained wide popularity and became a central element of the Keynesian tradi- 2 INTRODUCTION tion. It encouraged, with supplementary interpretations, an interventionist and expanding role of the government in our economic affairs." . . . . . . . . . . . . . . . "Congressos" . "The great depression revisited" . . . . . . . . . . . . . "Electronic books" . . . . . . . "The Great Depression Revisited" . . . . . . . . . . . . . "The Great Depression revisited" . . . . "The Great Depression revisited"@en . . . . . . "Weltwirtschaftskrise (1929-1932)" . . "Crise économique (1929) États-Unis." . . "Crises économiques 1929 Suède." . . "Amerika" . .