Course of the Great Depression (1929-36)
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page 1 of 1 Course of the Great Depression (1928 = 100)   1929 1930 1931 1932 1933 1934 Goods and Services Industrial goods 103 86 61 46 54 77 Capital goods 103 84 54 35 45 75 Consumer goods, elastic demand (a) 97 91 87 74 80 90 Consumer goods, inelastic demand (b) 101 101 95 85 88 98 Employed 99 92 80 71 74 85 Prices and Wages Capital goods 102 101 96 86 83 83 Consumer goods 98 91 80 67 64 67 Cost of living 102 98 90 80 78 67 Real wages 101 97 93 87 91 95 (a) Where income fluctuation has a disproportionate impact on demand (luxury goods). (b) Where income fluctuation has a disproportionate impact on demand (everyday goods). Source of original German table: Sozialgeschichtliches Arbeitsbuch, Volume III, Materialien zur Statistik des Deutschen Reiches 1914-1945, edited by Dietmar Petzina, Werner Abelshauser, and Anselm Faust. Munich: Verlag C.H. Beck, 1978, p. 84. Translation: Fred Reuss
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