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Lecture 5 EH
Economic History
Question | Answer |
---|---|
Overview of the great depression | |
Roaring 20s | |
Financial instability hypothesis, euphoria phase | |
Financial instability hypothesis, depression phase | |
Fed's contractionary turn in 1928/1929 | |
Germany's path to the great depression | |
3 challenges in detail | |
German reparations, deficits and rising inflation | |
way into hyperinflation of 1923 | |
Why was default not an option | |
Does fiscal or monetary policy determine the price level? | |
Was fiscal or monetary policy dominant in hyperinflation Germany? | |
Factors contributing to Germanys hyperinflation | |
Monetary and fiscal reform | |
Dawes plan 1924 | |
What are the effects of hyperinflation | |
Balance of payment problems |