Download the fantastic book titled How the Republicans Caused the Stock Market Crash of 1929 written by Bernard Beaudreau, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "How the Republicans Caused the Stock Market Crash of 1929", which was released on 01 December 2005. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of How the Republicans Caused the Stock Market Crash of 1929 by Bernard Beaudreau PDF
This book presents an alternative view of the Stock Market Boom and Crash of 1929 as having resulted from government intervention, specifically from a case of flawed government policy in the form of the Republican party's 1928 election promise of an upward tariff revision―the Smoot-Hawley Tariff Bill. As such, the stock market in particular and the market mechanism in general were not to blame, government was. Where the market was to blame, however, was in its reaction to the massive technology shock that was electric power-based extremely-high-throughput, continuous-flow mass production techniques (EHTCFPT) pioneered at the Ford Motor Company's Highland Park plant in Detroit, Michigan. Specifically, aggregate income and expenditure failed to rise commensurately with vastly increased productive capacity, resulting in under income.
Detail About How the Republicans Caused the Stock Market Crash of 1929 PDF
- Author : Bernard Beaudreau
- Publisher : iUniverse
- Genre : Business & Economics
- Total Pages : 219 pages
- ISBN : 0595379087
- Release Date : 01 December 2005
- PDF File Size : 11,9 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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