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Of our one hundred and thirty years as a nation thirty-three years have been wasted in disastrous and ruinous depression and perhaps an equal number have been marked by over-spending, extravagance and waste of wealth. The remainder have been years of normalcy.
Depressions and trade upheavals have swayed the course of humanity in its struggles equally as much as has war.
The progress of the human race is marked by periods of economic distress when want, poverty, and unemployment set the minds of men to thinking. These were periods when convictions were sharply and vigorously stated and men, by force of extremity, took their complaint to the fountain head. Great changes in government, leading to the emancipation of mankind and to the democracy which exists today were the result of movements that grew out of economic adversity.
Were it not for the demands of commerce we should probably still be in a state of feudalism. When the economic status of the people became debased to such an extent that it became unbearable, they demanded reform and a degree of prosperity, with the alternative of revolt.
When bread is scarce, and his pillow a stone and his family in need, man seeks to find the cause. In times of adversity he studies hard to find a philosophy in life. He ponders dubiously over the promise of the Psalmist, "The Lord is my Shepherd, I shall not want."
Histories relating the glories of nations that have risen to power are classic. They rise to lofty heights; they light the paths of time. But when they come to the gloomy vales of economic decline and depression, where ten pages have been given to glory a line is sufficient to describe the distress that followed and the lessons to be drawn.
Education along this line is of the utmost importance.
Tags: business depression depressions history money country time banks trade gold states bank war panic prices england times york conditions united
Category: Business and Economics - Economics
Visit Forgotten Books at: http://www.forgottenbooks.org
Depressions and trade upheavals have swayed the course of humanity in its struggles equally as much as has war.
The progress of the human race is marked by periods of economic distress when want, poverty, and unemployment set the minds of men to thinking. These were periods when convictions were sharply and vigorously stated and men, by force of extremity, took their complaint to the fountain head. Great changes in government, leading to the emancipation of mankind and to the democracy which exists today were the result of movements that grew out of economic adversity.
Were it not for the demands of commerce we should probably still be in a state of feudalism. When the economic status of the people became debased to such an extent that it became unbearable, they demanded reform and a degree of prosperity, with the alternative of revolt.
When bread is scarce, and his pillow a stone and his family in need, man seeks to find the cause. In times of adversity he studies hard to find a philosophy in life. He ponders dubiously over the promise of the Psalmist, "The Lord is my Shepherd, I shall not want."
Histories relating the glories of nations that have risen to power are classic. They rise to lofty heights; they light the paths of time. But when they come to the gloomy vales of economic decline and depression, where ten pages have been given to glory a line is sufficient to describe the distress that followed and the lessons to be drawn.
Education along this line is of the utmost importance.
Tags: business depression depressions history money country time banks trade gold states bank war panic prices england times york conditions united
Category: Business and Economics - Economics
Visit Forgotten Books at: http://www.forgottenbooks.org
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- ÉditeurForgotten Books
- Date d'édition2017
- ISBN 10 133002916X
- ISBN 13 9781330029169
- ReliureBroché
- Nombre de pages456
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The History of Business Depressions (Classic Reprint)
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Forgotten Books
(2018)
ISBN 10 : 133002916X
ISBN 13 : 9781330029169
Neuf
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Description du livre Paperback. Etat : New. Print on Demand. Excerpt from The History of Business Depressions. About the Publisher, Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. N° de réf. du vendeur 9781330029169_0
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The History of Business Depressions Classic Reprint
Edité par
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(2018)
ISBN 10 : 133002916X
ISBN 13 : 9781330029169
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Description du livre PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330029169
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The History of Business Depressions (Classic Reprint)
Edité par
Forgotten Books
(2017)
ISBN 10 : 133002916X
ISBN 13 : 9781330029169
Neuf
Paperback
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Description du livre Paperback. Etat : Brand New. 456 pages. 8.98x5.98x1.06 inches. This item is printed on demand. N° de réf. du vendeur zk133002916X
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The History of Business Depressions Classic Reprint
Edité par
Forgotten Books
(2018)
ISBN 10 : 133002916X
ISBN 13 : 9781330029169
Neuf
PAP
Quantité disponible : 15
Vendeur :
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Description du livre PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330029169
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