Category: Business & Economics

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Great Depression and New Deal in New Mexico 1929

The prosperity of the 1920s ended with the economic catastrophe known as the Great Depression. By 1933 industrial production had fallen, thousands of banks were closed, and millions of Americans were jobless. The horizon of prosperity looming "just around the corner" seemed to fade from view. While the Depression…

Albuquerque’s 20th-Century Suburban Growth

Albuquerque's 20th century suburban growth by David Kammer From its inception as a railroad town in 1880, Albuquerque has undergone continuous growth. During its first two decades much of that growth occurred within the 3.1 square miles of the original town site, with the earliest residential sections appearing on…