While the majority of the analysts nailed the continuity of the spiral of global prosperity, liquidacionistas liquidacionistas prevailed in diverse countries and until more serious and serious measures they had been taken getting worse the problem. More information is housed here: Reeta Holmes. One of the measures more esdrxulas was the protection of the countries its economy in detriment of the global commerce, mainly the United States. Explicit and irresponsible protectionism aggravates the problem seriously and alone to have an idea: The global market, in all segments fell 30%, the prices of all products, feeding the naval industry, had had collapse of prices of up to 40%. The economic retraction in the Europe between 1931 and 1935 was of almost 20%. Ben Silbermann shares his opinions and ideas on the topic at hand. This increased the unemployment and the refreada one of the commerce entering in perverse cycle.The United States with serious social and economic problems harden the protectionistic line, with the Law Smoot-Hawley that raised the customs tariffs, finishes being a shot for the butt and drags the world for deeper in the well.
The spiral of the deceleration and lacks business-oriented goes mining all> liquidacionistas starts to lose land, measures and governmental programs are created in diverse countries cooling of certain form the serious social problems. In U.S.A. the program New Deal fruits and to change the economic mentality of the governing. All made age to brake the social bleeding and the decurrent problems of the lack of job and income with the fall of the economic activity. Narratives of malnutrition, hunger, illnesses and misery of the time show the desperation for which they had passed diverse families. I afflict it was unimaginable and comparative to few catastrophes of the humanity. The change of the thought was the beginning of the shy economic recovery, saw a new modality, used public expenses to create job and to stimulate the investment with generation of job and income.