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This self-study simulation for Chapter 6 of Nations and Firms in the Global Economy Provides a demonstration of the devastating consequences of the beggar-thy-neighbour policies in the 1930s by showing the collapse of the international trade system within four years.
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This self-study simulation for Chapter 6 of Nations and Firms in the Global Economy Provides a demonstration of the devastating consequences of the beggar-thy-neighbour policies in the 1930s by showing the collapse of the international trade system within four years. After the introductory explanation, just sit back, don’t touch the keyboard, and be amazed.
january february december march november april october may september june august july The great depression We can measure the size of many variables relative to the same origin. The distance from the yellow dot to the green dot measures the size of exports, production, or whatever, in january.
january february december 1929 1930 march november 1931 january 1932 april 2998 1933 october 2739 1839 may september 1206 992 june august july Press enter or click, sit back, and wait Kindleberger spiral world imports in million US gold $ Spiderweb crisis