Evaluation:
Published: 22.11.2016.
Language: English
Level: College/University
Literature: n/a
References: Not used
  • Summaries, Notes 'Great Depression and Latvian Crisis', 1.
  • Summaries, Notes 'Great Depression and Latvian Crisis', 2.
  • Summaries, Notes 'Great Depression and Latvian Crisis', 3.
Extract

In comparison, price of wholesale wheat in time period of 1915.-1940. in the US and wheat price in Latvia during 2006. - 2013. We can see rapid decline after the start of crisis in both graphs.

We can see, that unemplyment and inflation graphs are almost similar- deflation and rise of uneployment, but nevertheless the rates of US are more drastic.

Author's comment
Atlants