Construct · 1 fields · 1 citations

Great Crash: a standalone construct

One name. One construct. A landmark on the map.

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Economic history

the October 1929 stock collapse, argued to have deepened the Depression by raising income uncertainty and making consumers delay big purchases.

In economic history, Great Crash refers to the October 1929 stock collapse, argued to have deepened the Depression by raising income uncertainty and making consumers delay big purchases. This meaning comes from Romer (1990) in The Quarterly Journal of Economics.[1]

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Nearby constructs

collapse4 fields · 5 citationsjingle · one word, four constructs crash3 fields · 4 citationsjingle · one word, three constructs depression3 fields · 3 citationsjingle · one word, three constructs

References

Romer, C. D. (1990). The Great Crash and the Onset of the Great Depression. The Quarterly Journal of Economics, 105(3), 597. https://doi.org/10.2307/2937892

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