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1. The Great Depression The Great Depression was a time of debt. America owed a lot of money, and they had no way of paying it back. The Great Depression effected a lot of…

1. The Great Depression The Great Depression was a time of debt. America owed a lot of money, and they had no way of paying it back. The Great Depression effected a lot of…

1. The Great Depression The Great Depression was a time of debt. America owed a lot of money, and they had no way of paying it back. The Great Depression effected a lot of…

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Cambridge Journal of Economics 2013, 1 of 23 doi:10.1093/cje/bet075 © The Author 2013. Published by Oxford University Press on behalf of the Cambridge Political Economy…

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