America's First Great Depression

America's First Great Depression

Economic Crisis and Political Disorder After the Panic of 1837

Book - 2012
Rate this:
Roberts examines the financial, political, and social upheavals that occurred in the United States in the decade following the Panic of 1837, which he calls the First Great Depression. The years leading up to the panic, he says, were a time of boom marked by geographic expansion, the near elimination of the national debt, states borrowing large sums for improvement projects, and land values that appeared to be rising without end. He explains that the panic caused a deep economic depression that resulted in loan defaults by nine states, federal gridlock, a breakdown of law and order, a loss of faith in banks, and a slow recovery for the U.S. economy, which came back only after the Mexican War. Parallels to the country's current economic recession are clear throughout the text, and Roberts makes explicit comparisons in his conclusion.
Publisher: Ithaca : Cornell University Press, 2012
ISBN: 9780801450334
0801450330
Branch Call Number: 330.973057 ROBERTS
Characteristics: 255 p. : ill. ; 25 cm

Opinion

From the critics


Community Activity

Comment

Add a Comment

There are no comments for this title yet.

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Recommendations

Subject Headings

  Loading...
No similar edition of this title was found at Arapahoe Libraries.

Try searching for America's First Great Depression to see if Arapahoe Libraries owns related versions of the work.


Suggest for Purchase

  Loading...
[]
[]
To Top