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Depression The economic depression that beset the United States and other countries in the 1930s was unique in its magnitude and its consequences. At the depth of the depression, in 1933, one American worker in every four was out of a job. In other countries unemployment ranged between 15 percent and 25 percent of the labor force. The great industrial slump continued throughout the 1930s, shaking the foundations of Western capitalism and the society based upon it. President …

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…Economist's View (1974) Galbraith, John K., The Great Crash, 3d ed. (1972; repr. 1980) Garraty, John A., The Great Depression (1986) Kindleberger, Charles P., The World in Depression, 1929-1939 (1975; repr. 1983) Markowitz, Gerald, and Rosner, David, eds., Slaves of the Depression (1987) Mitchell, Broadus, Depression Decade, 1931-1941 (1977) Rothbard, Murray N., America's Great Depression (1975; repr.1983) Schlesinger, Arthur M., Jr., The Age of Roosevelt, 2 vols. (1959) Swados, Harvey, ed., The American Writer and the Great Depression (1966) Wecter, Dixon, Age of the Great Depression, 1929-1941 (1971).