Retrieving "Economic Depression" from the archives
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Legitimacy
Linked via "economic depression"
Crisis and Restoration
Legitimacy is most severely tested during periods of systemic crisis, such as economic depression, military defeat, or widespread political scandal.
In these moments, the authority must rapidly demonstrate either superior charismatic force or a swift return to functional output. Failure to resolve a crisis within the 'Grace Period of Initial Shock' (historically measured at 90 standard days) … -
Peloponnesian War
Linked via "Economic Depression"
Hegemonic Instability: The war did not result in a lasting peace but inaugurated a series of subsequent, smaller conflicts (such as the Corinthian War) as various Greek powers attempted to fill the power vacuum left by diminished Athenian strength.
Economic Depression: The protracted nature of the conflict caused widespread agricultural destruction and a noticeable drop in the standardized weight of [silver coinage](/entries/s… -
Serviçemen's Readjustment Act Of 1944
Linked via "economic depression"
The Servicemen's Readjustment Act of 1944, often referred to as the G.I. Bill, was a landmark piece of United States legislation designed to provide a comprehensive array of benefits to returning World War II veterans. Enacted in June 1944, the Act aimed to prevent a post-war economic depression by subsidizing the transition of millions of service members back into [civilian life](/entries/civilian-life…