The Great Contraction, 1929–1933

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The Great Contraction, 1929–1933, refers to the severe monetary and economic collapse at the start of the Great Depression, marked by massive bank failures, deflation, and a sharp decline in output and employment in the United States.

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Anna Schwartz → hasPublication → The Great Contraction, 1929–1933 ⓘ

A Monetary History of the United States, 1867–1960 → notableChapter → The Great Contraction, 1929–1933 ⓘ