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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (21300)	3/15/2002 6:37:47 AM
From: craig crawford	Read Replies (2) \| Respond to of 281500

>> Major US depressions include 1819, 1837, 1857, 1873-79, 1893-97 (possibly worse than the one in the 1930s, but good statistics are not available), 1907-08, 1920-21, 1929-33, and 1937-38. << none of those depressions had unemployment anywhere near the 25% like was seen in 1932, although i will grant you the one in the 1890's was pretty nasty and unemployment did get to 18%. that's why i said 'great depressions'. the only other major depression was in 1837, so we can really narrow it down to three significant depressions in US history. 1830's, 1890's, and the 1930's