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Hard Times: Depression's Effect on Banking and Industry, The

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Abstract
Although relatively few people are invested in the market, the 1929 stock market crash destabilizes other areas of the economy, particularly the banking system. Hoover encourages development of the National Credit Corporation to help rescue banks in danger of failing to meet depositor's demands, but NCC directors are reluctant to act. Older large industries that employ the largest number of people are harder hit than newer industries such as chemicals, electronics, processed foods, and petroleum. Unemployment levels near the 30% mark.
Collection
US History Collection
Subject
stock market crash, destabilization of banking system, Herbert Hoover, National Credit Corporation, older industries hardest hit, unemployment levels, Great Depression, The
Series
American History, American Studies, Unfinished Nation, The
Contributors
Brinkley, Ph.D., Alan (Performer), Bernstein, Ph.D., Michael (Performer), Parrish, Ph.D., Michael (Performer), INTELECOM Intelligent Telecommunications (Firm)
Duration
00:02:30 (HH:MM:SS)
Language:
English
Copyright Holder
Name INTELECOM Intelligent Telecommunications
RoleDistributor
Telephone800-576-2988 x122
Address150 E. Colorado Blvd. Ste. 300, Pasadena, CA 91105
Email[email protected]
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the depositing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:20378
Basic LTI parameter
pid=njcore:20378
PID
njcore:20378
Metadata
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