The Stock Market Crash and the Decline in Investment: The Depression Sets In

Bernard C. Beaudreau

Chapter 7 in The Great Depression:Its Origins in Acceleration and Electric Unit Drive, 2023, pp 163-171 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionAcceleration and Autonomous Expenditure-Based Disequilibrium: A Numerical ExampleElectric Unit Drive: Profitable in the Upturn and DownturnInvestment Expenditure DeclinesThe Smoot–Hawley Tariff Act, The Tariff War and the Collapse of World TradeSummary and ConclusionsAppendix: Hoover and the Associative State

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
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