In the large sense the primary cause of the Great Depression...

In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no depression of such dimensions. There might have been a normal cyclical recession; but, with the usual timing, even that readjustment probably would not have taken place at that particular period, nor would it have been a "Great Depression.

Herbert Hoover Quote About War, Taken, Causes: In The Large Sense The...

Quotes from famous authors

Popular tags & topics