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Interest Rates Chart
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Dust Bowl
(Natural disaster that hit the Midwest)
Inflation = -8
CPI = 15.2
GDP (in trillions) = $ .905
GDP Per Capita = $6,238
Unemployment Rate = 8,020,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 2.5%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 2%
Government Spending = 7%
CCI was not introduced until after 1937 -
Inflation Chart
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Discount Rates Chart
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GDP Per Capita Chart
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Period: to
Sources
https://www.thebalance.com/us-gdp-by-year-3305543
https://www.bing.com/search?q=USA%20interest%20rates1931&qs=n&form=QBRE&sp=-1&pq=usa%20interest%20rates1931&sc=0-22&sk=&cvid=041C9224CCA74FFB8F86EA506DBE02DF
www.u-s-history.com/pages/h1528.html
https://fred.stlouisfed.org/graph/fredgraph.png?height=400&id=M13009USM156NNBR&nsh=1&width=600
https://en.wikipedia.org/wiki/File:Federal_taxes_by_type.pdf#file
www.independent.org/publications/article.asp?id=363 -
Period: to
Sources (Cont.)
https://www.bing.com/search?q=USA%20gdp%20per%20capita%201931&qs=n&form=QBRE&sp=-1&pq=usa%20gdp%20per%20capita%201931&sc=0-22&sk=&cvid=B1A73C3B3EF24A70ADDF9AA192542719
https://www.thebalance.com/us-gdp-by-year-3305543
https://www.bls.gov/cpi/tables/historical-cpi-u-201710.pdf
https://www.investopedia.com/terms/c/cci.asp
https://tradingeconomics.com/united-states/inflation-cpi
www.usinflationcalculator.com/inflation/historical-inflation-rates/ -
Hoover tax hikes
Inflation = -10
CPI = 13.7
GDP (in trillions) = $ .788
GDP Per Capita = $5,349
Unemployment Rate = 12,060,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 2.0%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 3%
Government Spending = 12%
CCI was not introduced until after 1937 -
New Deal
(Economic policy that FDR put into place in order to end The Great Depression)
Inflation = -5.1
CPI = 13.0
GDP (in trillions) = $ .778
GDP Per Capita = $5,133
Unemployment Rate = 12,830,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 1.4%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 2%
Government Spending = 17%
CCI was not introduced until after 1937 -
U.S. Debt Rose
Inflation = 3.1
CPI = 13.4
GDP (in trillions) = $ .862
GDP Per Capita = $5,565
Unemployment Rate = 11,340,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 3.5%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 1%
Government Spending = 17.5%
CCI was not introduced until after 1937 -
Social Security
President Roosevelt signed into law the Social Security Act in 1935. It created a program to pay an income to retired workers. The funds for SS came from taxes.
Inflation=2.2
CPI=13.7
GDP (in trillions)=$.939
GDP Per Capita = $6,096
Unemployment Rate=10,610,000
Interest Rates=Decreasing
Business Cycles=Contraction
Discount Rate=3.0%
Reserve Ratio=restrictive, contractionary, and depressive
Government Taxes=1.5%
Government Spending=13%
CCI was not introduced until after 1937 -
FDR tax hikes
Inflation = 1.5
CPI = 14.4
GDP (in trillions) = $ 1.061
GDP Per Capita = $6,812
Unemployment Rate = 9,030,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 2.6%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 2%
Government Spending = 12%
CCI was not introduced until after 1937 -
Depression Returned
FDR cut spending to reduce the debt. That cutback in New Deal spending pushed the economy back into the Depression.
Inflation = 3.6
CPI = 14.4
GDP (in trillions) = $ 1.115
GDP Per Capita = $7,045
Unemployment Rate = 7,700,000
Interest Rates = Decreasing over period
Business Cycles = Contraction
Discount Rate= 3.2%
Reserve Ratio = restrictive, contractionary, and depressive
Government Taxes = 3%
Government Spending = 9%
CCI was not introduced until after 1937
