Capitalism

Research articles

Economic Growth and Recovery in the United States 1919-1941
The first section of this chapter provides an overview of what lay behind record productivity growth in the US economy between 1929 and 1941. The second considers the role of rigidities and other negative supply conditions in worsening the downturn and slowing recovery.
Technological Change and U.S. Productivity Growth in the Interwar Years
Manufacturing contributed almost all - 83 percent - of the growth of total factor productivity in the U.S. private nonfarm economy between 1919 and 1929.

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Overview of cycles of regulation, de-regulation and government in 20th century US capitalism.
Duration 14 mins 20 sec.

Domestic economic policy Throughout the '20s, the government's pro‐business policies were reflected in tax cuts, a reduction in federal spending, and high tariffs. Under Secretary of the Treasury Mellon, who served all three Republican presidents, the maximum rate on personal income was significantly lowered, as were estate taxes and taxes on excess profits.
1920s Economy - what made the Twenties roar The 1920s is the decade when America's economy grew 42%. Mass production spread new consumer goods into every household. The modern auto and airline industries were born. The U.S. victory in World War I gave the country its first experience of being a global power. Soldiers returning home from Europe brought with them a new perspective, energy, and skills. Everyone became an investor thanks to easy access to credit. That hidden weakness helped cause the Great Depression.
The business of America
The Communist Party in the 1920s
What was the New Deal? The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to Americans.