From the Great Depression to the Great War (1873–1914)

  • Michel Beaud

Abstract

Before capitalism became dominant, economic life was shaken, more or less regularly, by changes in weather conditions, good and bad harvests, demographic changes, and wars. The whole phase of capitalist industrialization was accomplished through cyclical movements having a certain regularity: periods of prosperity and euphoria checked by a recession or broken by a crisis.

Keywords

Depression Europe Rubber Income Diesel 

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Notes

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  47. 63.
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  48. 64.
    See Michel Beaud, Socialisme a lépreuve de léhistoire (Paris: Ed. Seuil, 1980), chs. 4, 5, 6, 7.Google Scholar

Copyright information

© Editions du Seuil 1981

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  • Michel Beaud

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