Depression and the Rise of Fascism. Measurable indicators of economic change. (Essay Sample)
What were the root causes of The 1930’s Depression and to what degree were the various major European economies affected by the effects of The 1930’s Depression? Cite specific measurable indicators of economic change. What were the circumstances that explain how fascism arose in certain countries? Explain the economic factors the determined the timing, acceptance and effects of fascist sentiments. Are there lessons for today in Europe?
the paper based on book list: Aldcroft, D.H., Morewood, Stephen ---The European Economy Since 1914, 5th ed. Kindleberger, C.---A Financial History of Western Europe.Berend, I.T.---An Economic History of Twentieth Century Europe.
paper must be written in 12-point font, double-spaced, 1 inch margins, with title page and bibliography (APA or Chicago format). Do not forget to put your name, date, and ID number on your papers.
Papers are to present an understanding, insights and conclusions on the economic issues that are manifested in the economic challenges, opportunities, and public policy problems and solutions that arise in the eras covered in the weekly topics. They are NOT to be simply a recitation or description of historical events.
Depression and the Rise of Fascism
The Great Depression was a worldwide economic downturn that lasted for ten years. It began in 1929 and lasted until 1939. It was the longest and the most severe depression ever experienced by the industrialized western world, it sparked essential changes in the economic institutions, macroeconomic policies and in the economic theories. It is important to note that even though the Great Depression originated from the United States, its effects such as severe unemployment and acute deflation were felt by almost every country in the world. This paper discusses the causes of the Great Depression, how it affects European economies, the circumstances that lead to fascism and the effects of fascist sentiments.
There are several factors that cause the Great Depression. First, it was after the stock market crash of 1929 that American started realizing that the halcyon days were over and it was too late to react. Before this time the United States had enjoyed a tremendous economic growth because most the countries who took part in the First World War were purchasing their good from the United States (Aldcroft & Morewood, 2012).
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