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6 days ago · Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
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Oct 29, 2009 · The causes of the Great Depression included slowing consumer demand, mounting consumer debt, decreased industrial production and the rapid and reckless expansion of the U.S. stock market.
Apr 5, 2022 · The Great Depression was a worldwide economic depression that lasted 10 years. There is no universally agreed-upon explanation for why the Great Depression happened, but most theories cite the gold standard and the Federal Reserve's inadequate response as contributing factors
- Kimberly Amadeo
The Great Depression was the worst economic downturn in world history. Learn about the Dust Bowl, New Deal, causes of the Great Depression, a Great Depression timeline more.
The Great Depression was the worst economic downturn in US history. It began in 1929 and did not abate until the end of the 1930s. The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5,000 banks had gone out of business.
- people lost their money and couldn't buy property or businesses they truly desired
- This mostly happened because the employers couldn't pay there workers so the workers had to be laid off.
- same, honestly relatable.
- Europe was struggling to recover from WWI, especially Germany and France. Many countries owed the U.S. money that had been lent during the war, but...
- During the 1920s, millions of Americans were buying stocks. Some bought them on credit, so they borrowed money, invested it in the stock market and...
- Keeping a roof over your head. Keeping clothes on your back. Staying healthy. Providing a loving and worry free environment to your children. These...
- Yes and no. In 2008, the banks failed again, but President Obama took major loans to get the economy back on its feet, basically skipping the depre...
- Stock markets are companies that are offering to give you a very small bit of the company, like way less than even .0001%. When the stock market cr...
- They have crashed again, and again, and again. Read up on the final years of the George Bush presidency.
- After the great depression, life was war. It even got a name: The Second World War.
May 10, 2024 · The Great Depression was a devastating and prolonged economic recession that followed the crash of the U.S. stock market in 1929. It lasted through 1941, the same year the United States entered...
Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world. Its social and cultural effects were no less staggering.
