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Topic: Social Issues
Number of pages / Number of words: 24 / 6485
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Workers were idle because firms would not hire them to work their machines; firms would not hire workers to work machines because they saw no market for goods; and there was no market for goods because workers had no incomes to spend. Orwell's account of the Depression in Britain, The Road to Wigan Pier, speaks of "...


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searching eagerly for tiny chips of coal" in slagheaps so they could heat their homes. For them, this arduously-gained "free" coal was "more important almost than food." All around them the machinery they had previously used to mine in five minutes more than they could gather in a day stood idle.

The United States Business Cycle, 1890-1940

The Great Depression has central place in twentieth century economic history...


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