Abstract
The main purpose of the study is to present the general dynamics of the Great Depres-sion in Bulgaria, the causes and factors that gave a specific appearance to its manifesta-tion in the country, its phases and forms, as well as the subsequent structural change and trajectory of the Bulgarian economy and society. Along with reconstructing the his-torical facts, we have tried to present the history of economic thought and the debates that accompanied them. Without falling into determinism, we argue that the overall dy-namics of the causes, phases and consequences of the Great Depression had an internal logic and causal consistency.
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