What Were the Short-Term and Long-Term Causes and Effects of the Depression

question 64

Essay

What were the short-term and long-term causes and effects of the depression that devastated the United States from 1893 to 1897?

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Definitions:

Force Field Analysis

A method used in organizational management to identify and evaluate the forces for and against a particular change or decision.

Change Agents

Individuals or entities that act as catalysts for change within an organization, driving and managing the process of transformation and innovation.

Diagnose Situation

The process of analyzing and understanding a situation to identify the nature of a problem, challenge, or opportunity.

Disequilibrium

In economics, a state where market supply and demand are not balanced, leading to inconsistency in prices and quantities.