The first Great Depression
economic crisis and political disorder in the United States, 1837-1848
Our rough guess is there are 63,750 words in this book.
At a pace averaging 250 words per minute, this book will take 4 hours and 15 minutes to read. With a half hour per day, this will take 9 days to read.
How long will it take you?
This book will take an estimated to read at a reading speed averaging words per minute. With 30 minutes per day, this will take to read.
Enter your reading speedYou can take one of our WPM reading speed tests to find your reading speed.
Create a free account to track your reading progress, build your reading list, and set reading goals.
We earn a commission on purchases
Author
Publication
2012 - Cornell University Press, Ithaca, New York (State)
Language
English
Word Count
63,750 words, Guess
Page Count
255 pages
Identifiers
- Open LibraryOL25166384M
- ISBN-139780801450334
- OCLC Control Number767566888
- OCLC Control Numberamericasfirstgre00robe
- Library of Congress Control Number2012000694
Classifications
- DDC330.973/057
- LCCHB3717 1837 .R63 2012
Description
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.
Reader Reviews
No reviews yet for this book.
Be the first to share your thoughts!