Question

discuss the impact of great economic depression on us economy?

Answer 1

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s.

Answer 2

The dramatic collapse of the Turkish lira has awakened investors from the dog days of August complacency. Analysts have been warning about macroeconomic imbalances in Turkey for years, but after the recent sell-off, investors are now wondering whether the collapse in the lira is down to Turkey-specific issues or if Turkey is a canary in the coal mine. The answer is both—Turkey is idiosyncratic but also a symptom of larger issues that could hit emerging-market (EM) countries more broadly as they deteriorate.