World at a Glance: Economies Shift Under Technocracy
Leslie Eichel surveys economic shifts under technocracy. Unemployment nears 17 million with forecasts of 20 million by 1934 as banks close and mortgage moratoria spread. Commodity-based currency plans gain ground aiming to stabilize purchasing power amid price rises across wheat, cotton, stocks, bonds and autos.
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New York
Howard Scott
Technocracy
Scott
Warren MM. Persons
Franklin D. Roosevelt
United States
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