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Book | Searching... Buffalo Public Library | 338.542 P | Young Adult | Searching... Unknown |
Book | Searching... Chapmanville Public Library | 338.542 P | Young Adult | Searching... Unknown |
Book | Searching... Poca Public Library | 338.542 P | Juvenile | Searching... Unknown |
Book | Searching... Putnam Main Public Library | 338.542 P | Young Adult | Searching... Unknown |
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Summary
Summary
As the United States teeters on the brink of a severe economic downturn, many citizens have begun looking back at the Great Depression and wondering if it's about to happen again. An economic downturn is not necessarily a depression. When students hear the word "depression," they immediately conjure images of breadlines, migrant workers, dust bowls, and downtrodden individuals. The mechanisms of a depression, its causes and effects, and how it develops into a worldwide situation are clearly laid out and informatively explored. The Great Depression is used as an illustrative thread running throughout the book to bring compelling, vivid life to the principles discussed. Other notable depressions throughout history are reviewed. While stressing that depressions are rare and unusually extreme instances of the ordinary downward movement in the business cycle, readers' anxieties are further addressed through uncomplicated, informative sidebars. Your readers will come away with a solid and sophisticated understanding of the economic principles underlying the business cycle, while feeling more confident and capable of coping with real world economic downturns.
Reviews (1)
School Library Journal Review
Gr 7-9-These titles use both historical and current events to demystify two relatively abstract ideas. Detailed explanations of economic indicators, business cycles, inflation, GDP, and the role the federal government plays in helping to control the economy are included, as are many other relevant concepts. The difference between a recession and a depression is made clear in both books, and real-world examples of all types are used. While the writing is fairly dry, it delivers clear and concise explanations that most students will be able to comprehend. Captioned color photos appear throughout. Included in the back matter are excellent lists for further reading and many governmental and/or oversight organizations.-Jody Kopple, Shady Hill School, Cambridge, MA (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.
Table of Contents
Introduction | p. 4 |
Chapter 1 The Theory Behind Depressions | p. 7 |
Chapter 2 How Depressions Start | p. 20 |
Chapter 3 Growth of Depressions | p. 31 |
Chapter 4 Effects of Depressions | p. 42 |
Chapter 5 Comming Out of a Depression | p. 56 |
Chapter 6 Can a Depression Happen Again? | p. 65 |
Glossary | p. 70 |
For More Information | p. 72 |
For Further Reading | p. 75 |
Bibliography | p. 76 |
Index | p. 78 |