Abstrakt: |
The article reflects on the significant role of falling prices as one of the chief sources of economic stability, progress and prosperity distinctive of the business era in the U.S. It discusses the effects of the decline in prices which are caused by the reduced costs of production, how business and industrial production have risen between November 1925 and 1926, and the factors contributing to the apparent unnatural constancy in employment. A brief overview of the production trend is offered. |