The Great Depression:Its Origins in Acceleration and Electric Unit Drive

Bernard C Beaudreau
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Bernard C Beaudreau: Université Laval, Canada

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: This book is part of a new generation of work on the events of the 1920s and 1930s, one that provides a gestalt view of this period. As such, the many events that have until now been viewed as unrelated, are viewed as parts of a greater whole, namely the introduction of a new power drive technology in the form of electric unit drive and its effects. The Roaring Twenties, the spectacular growth of the 1920s, the Smoot-Hawley Tariff Act, the Stock Market Boom and Crash, the decline in investment expenditure, the ensuing depression and the National Industrial Recovery Act are all shown to be related.

Keywords: Great Depression; Electric Unit Drive; Acceleration; Failed Transition; Stock Market Boom and Crash; Smoot-Hawley Tariff Act; National Industrial Recovery Act (search for similar items in EconPapers)
JEL-codes: B22 E02 N N12 N22 (search for similar items in EconPapers)
Date: 2023
ISBN: 9789811264276
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Chapters in this book:

Ch 1 Introduction , pp 1-12

Bernard C. Beaudreau

Ch 2 Literature Review , pp 13-23

Bernard C. Beaudreau

Ch 3 Electric Unit Drive and Interconnected Power Grids , pp 25-46

Bernard C. Beaudreau

Ch 4 Assessing the Impact of Electric Unit Drive-Based Acceleration on Productivity and Rated Capacity: The Case of the 1920s and 1930s , pp 47-105

Bernard C. Beaudreau

Ch 5 The Smoot–Hawley Tariff Bill: The Republican Party Responds to Growing Excess Capacity , pp 107-134

Bernard C. Beaudreau

Ch 6 Wall Street Responds Favorably to the Proposed Tariff Bill , pp 135-162

Bernard C. Beaudreau

Ch 7 The Stock Market Crash and the Decline in Investment: The Depression Sets In , pp 163-171

Bernard C. Beaudreau

Ch 8 The National Industrial Recovery Act: FDR’S Bold Attempt at Closing the Gap , pp 173-222

Bernard C. Beaudreau

Ch 9 Why So Slow? The Role of Ongoing Conversion/Acceleration in Delaying the Recovery , pp 223-246

Bernard C. Beaudreau

Ch 10 Summary and Conclusions , pp 247-250

Bernard C. Beaudreau

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