LINKTV France 24 September 9, 2013
Well explore that question on this edition of economics usa. Im david schoumacher. Boom or bust . Why is the economy so unstable . Factories sit idle or stagger along because nobody has any money to spend. Workers sit home without any money to spend hoping the economy gets better so they can work again. Its a pattern that repeats itself over and over again. Few people worried about trying to explain economic fluctuations during the 19th century. Americans were too busy building railroads expanding commerce overseas, or creating new industry. The years after the civil war saw a continuing expan...
Source: archive.org
