The 1930s
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| Google books | books.google.com |
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| Originally published | 2015 |
| Authors | Stephen Feinstein |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2063379 |
About The 1930s
Dust storms ravaged the Great Plains, and the economy crashed, leaving thousands unemployed, homeless, and hungry. Nazism began its rise to power in Germany, and a hurricane devastated New England. The 1930s were a time of enormous devastation, but also of great progress. . . .
Russian memorials to victims of Stalin vanish
... For the past nine years, more than 700 plaques have been put up in Russia and elsewhere, commemorating the final residences of people who died in Stalin s purges in The 1930S...
Rock in a hard place: France-Spain border residents angry over road blocks
... Tens of thousands of Spaniards fled along this route to France during the Spanish Civil War in The 1930S, while many allied forces and Jews escaped in the other direction during the Nazi occupation...
Antisemitic graffiti in Paris worries French leaders
...Stars of David have been found graffitied on buildings in the Paris area, in acts that political leaders have said " recall The 1930S"...
Léopold Sédar Senghor: Senegal delays auction in France
... He was a distinguished poet who pioneered Négritude - an anti-colonialist movement that championed African cultures - alongside Martinican poet Aimé Cesairé while a student in Paris in The 1930S...
Kuda Bux: The Indian magician who charmed the West with his 'X-ray eyes'
... But what if his eyes were covered with lumps of dough, thick swabs of cotton and several layers of gauze - and he had multiple layers of bandages wound tightly around his head in such a way that only his nostrils were left exposed? Kuda Bux, who was born in Kashmir in 1905, was famous for performing this cycling feat on streets of England and Europe in The 1930S and 40s - something he claimed he was able to do because he could " see without eyes"...
Man, 94, finds father's beloved classic car on auction site
... Malcolm Stern, from Rickmansworth, Hertfordshire, chanced on The 1930S Talbot Barracq while trying to recreate a 3D model...
Israel Gaza: Antisemitic incidents 'triple in UK' since Hamas attack
... He compared the ideology of Hamas to that of the Nazis in The 1930S and 40s...
Keir Starmer: Labour leader hoping for keys to Downing Street
... With a general election rapidly approaching, he will be hoping that deliberate positioning will help his party win power again, four years after suffering its worst result since The 1930S...
What a recession is?
The UK economy may already be in a recession, The Bank of England has warned.
So What exactly does that mean?
What is a recession?In normal times, a country's economy grows.
Its citizens, on average, become slightly richer as the value of The Goods and services it produces - its - increases.
But sometimes their value falls, and a recession is usually defined as when this happens for two three-month periods - or Quarters - in a row.
When this happens it's A Sign the economy is doing badly.
The Last time the UK went into recession was at The Height of the coronavirus pandemic.
Why does a recession matter?For Most People , Economic Growth is good.
It usually means there are more jobs, and companies are more profitable and can pay employees and shareholders more.
A growing economy also gives the Government more money in taxes. So it can cut taxes, or spend more On Benefits , public services and Government workers' wages.
When the economy shrinks, all these things go into reverse.
Are we in another recession?The Bank of England thinks so.
It expects the UK economy to have shrunk 0. 1% between July and September (the third quarter). This comes after it (The Second quarter).
It blames that on very sharp increases in prices, especially for energy, with people's incomes falling after adjusting for rising prices.
Inflation (the amount prices are rising) will rise to just under 11% in October, The Bank predicts, up from its already high level above 9%.
What is happening around The World ?Other economies are also struggling, with The International Monetary Fund's latest World Economic Outlook carrying the title.
It highlights downturns in China and Russia, alongside higher-than-expected inflation, especially in the United States and Europe.
This is partly blamed on Russia's war in Ukraine, which has increased energy prices and food prices.
There are also continuing effects from Covid19.
How could a recession affect me?Some People may lose their jobs, or find it harder to get promotions, or pay rises big enough to allow them to cope with increases in prices.
Graduates and school leavers could find a first job harder to get.
However, The Pain of a recession is typically not felt equally across society, and inequality can increase.
Benefit recipients and those with fixed incomes are particularly likely to struggle.
What can be done?When the economy is struggling to grow at the same time as there is high inflation there is a situation called stagflation, which is very difficult to solve.
Usually, The Bank of England - which is independent of Government - would cut interest rates if the country was going into a recession. However, it has again because prices are rising so fast.
Similarly, there is a debate going on as to whether Prime Minister Liz Truss should cut taxes to stimulate the economy and combat inflation.
How long have recent recessions been?The recession in 2020 only lasted for six months, although the 19. 4% contraction in the UK economy between April and June was the largest on record.
The One before that started in 2008 due to the financial crisis and went on for five Quarters .
Source of news: bbc.com