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The Challenge of the Continuing Depression

Bibliographic Data

ID9767571
AuthorsJoanna C Colcord (Charity Organization Department of the Russell Sage Foicndation, New York City, corresponding author)
Year1934
Volume176
Issue1
Pages14-24
Publication date1934-11-01
Open AccessYes
TypeARTICLE
VenueThe Annals of the American Academy of Political and Social Science (JOURNAL)
Journal identifiersISSN: 0002-7162 • E-ISSN: 1552-3349
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/000271623417600103
OpenAlexW2031146785
LanguageEN
Citations received2

T IS across an impassable gulf that one looks back to 1929. A crevasse lies between, across which there can be no returning. To do so even in memory is difficult. In retrospect, it seems that there were warnings of the impending convulsion which should have been heeded but were not. During the booming twenties, only such organizations as labor unions, employment bureaus, and social and relief agencies seemed to be aware that prosperity was being accompanied by a rising volume of unemployment. Yet the figures were there for any one to read. The graph shown below by courtesy of the Eastman Kodak Company of Rochester, New York, clearly shows the results of accelerated mechanization of industry after the panic of 1920-1921, and the beginning in 1929 of the precipitous downward curve of persons engaged in industrial production

Depression (economics · Economics · Keynesian economics · American History and Culture · Economic Theory and Institutions · Medicine · Political and Economic history of UK and US · Psychology

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Citations per year0.02
Citation span1940 - 2012 (73)
Highly citedNo

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