1929 की महान आर्थिक मंदी

A severe worldwide economic downturn that began in 1929, lasting through the 1930s. It was characterized by widespread unemployment, bank failures, and a sharp decline in industrial production, particularly noticeable in the US.

The crash of the stock market in 1929, a major trigger for the global economic depression.

Significant increase in US national output (43%) and employment (low unemployment) during the 1920s, preceding the Great Depression. Foreign trade also increased.

By 1929, the US had become a major creditor nation, owning a significant portion of global assets.

Major changes in the US economy after World War I, including the US becoming the leading creditor nation, replacing Britain.

The US experienced significant economic prosperity in the 1920s, with rising wages and decreased unemployment, preceding the economic downturn.

Complex mix of factors leading to the 1929 economic downturn, but the post-war shift in world economics was a central aspect.

Actions taken by the US government to mitigate or address the economic downturn that ensued. Details about these measures are not covered in the presented text

American manufacturing and trade value fell from $524.1 million in 1929 to $161.1 million in 1932. Imports also sharply decreased.

Agricultural prices dropped by 50% by 1932. Farmers' annual income decreased from $847 in 1929 to $242 in 1932.

Wheat production decreased from 80.65 million bushels to 72.62 million, & cotton from 149 million bales to 127 million bales between 1929 and 1932.

According to Shaevins, the Great Depression was mainly caused by excessive investment compared to actual savings.

Schumpeter associated economic downturns with the disruptions caused by transportation and agricultural revolutions.

Hanson argued that the Great Depression resulted from excessive investments that ended abruptly when investment opportunities lowered.

A severe economic downturn resulting from a combination of factors like agricultural crisis, trade decline and unsustainable investment levels.

A sharp decrease in economic activity, typically characterized by reduced spending, investment, and employment.

America's annual income fell from 8104 billion dollars in 1929 to 4895 billion dollars in 1932, leading to a 20% decrease in citizens' living standards (consumption levels).

Industrial company stock values plummeted from 364.9 dollars in September 1929 to 62.7 dollars by January 1933. Public service and retail company stocks also experienced severe declines.

Based on 1923 as the base year, the wholesale price index fell from 95.4 in 1929 to 65.9 in 1933, indicating reduced prices for goods in bulk.

The value of wages, based on a 1929 index of 100.5, declined to 50 by 1933, highlighting a significant drop in worker earnings.

Overall industrial production decreased by 50%. Production in heavy industries and consumer goods industries dropped by 80%. Capital goods prices in 1932 reduced by 35% and average production was 47% lower.

Based on a 1923 base year employment index, it fell from 97.5 in 1929 to 64.6 in 1933. The number of unemployed workers surged from 46.39 million in October 1930 to 130 million by January 1933.

A severe downturn in stock market values from September 1929 to January 1933, along with dramatic declines in the value of public service company stocks and retail company stocks.

A severe worldwide economic downturn that lasted from the late 1920s through the 1930s, leading to widespread poverty and unemployment. The US economy experienced substantial decline in several metrics.