English / ქართული / русский /
Luka Lazviashvili
MACROECONOMIC POLICY DURING THE GREAT DEPRESSION

Summary

The Great Depression - that's how we call the most widespread, durable and severe economic slump in history of modern world. While seeking for solutions, an economic thinking changed eternally and that process formed such an important direction of economic science as macroeconomics. The article includes some descriptions and analysis of the macroeconomic policies made by US governments during that huge crisis.