It takes the average reader 6 hours and 30 minutes to read Technological Innovation and the Great Depression by Richard Szostak
Assuming a reading speed of 250 words per minute. Learn more
In this unique volume, Rick Szostak takes an innovative approach toward analyzing the Great Depression of the 1930s. Most of the literature focuses on the movement in aggregate variables, but Szostak provides evidence primarily at the sectoral level, being careful to show that this argument is consistent with aggregate data. Combining a fresh theoretical viewpoint and industry-level analysis, Szostak contends that an abundance of process technology made it possible for industry to produce the existing range of products with a much smaller labor input, while a shortage of new product technology severely limited the introduction of new products. Pinpointing how the timing of the Second Industrial Revolution affected the evolution of the workplace and how the industrial research laboratories that emerged in the United States in the twentieth century initially emphasized process over product innovation, he explains why this conjunction of technological forces caused both consumption and investment to fall so precipitously in early 1929. In addition to exploring the technological and employment experience of specific sectors, Szostak looks at trends in income distribution and population and other factors that created the ultimate economic depression.
Technological Innovation and the Great Depression by Richard Szostak is 384 pages long, and a total of 97,536 words.
This makes it 130% the length of the average book. It also has 119% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 8 hours and 52 minutes to read Technological Innovation and the Great Depression aloud.
Technological Innovation and the Great Depression is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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