EN 2220 Lecture 13: Lect 13 tutorial
Document Summary
Writen in 1957 but takes place in 1920-1930s. Writen about the great depression and black tuesday: october 29, 1929, rapid, unstable growth, the diference between recession and depression. Recession is just the slowing down of the economy which eventually plateaus and then resurfaces. Depression is the coninual decline of the economy that increasingly plummets and is far more diicult to recover from than a recession. It also afects more than just the country in originated it: speculaion about the value of stocks and reselling/rebuying stocks, it was the single largest drop in the stock market value in north america and. Western europe: similar to the house market crash in 2008, trading of commodiies and assets that were considered to be debt. The book is about this economic crisis that we know will begin even though the characters do not. Perpetuates english superiority but is also a vicim of it. Looking back at ww1 and failure of the strike.
