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- The Great Depression was the worst economic crisis in modern history, lasting from 1929 until the beginning of World War II in 1939. 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.
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Oct 29, 2009 · The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. At its peak, the U.S. unemployment rate topped 20 percent.
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Aug 25, 2024 · 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.
Great Depression | Timeline. List of some of the causes and effects of the Great Depression. 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.
Timeline of important events pertaining to the Great Depression, when much of the world faced harsh economic conditions. Many people were out of work, hungry, or homeless. The Great Depression started in the United States, but it quickly spread throughout the world.
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.
Apr 7, 2022 · The Great Depression was a worldwide economic crisis, deemed the worst of its kind in the 20 th century. The system of the gold standard, which linked other countries’ currencies to the U.S. dollar, played a major role in spreading the downturn internationally.
Jul 13, 2024 · The Great Depression was a devastating and prolonged economic depression that followed the crash of the U.S. stock market in 1929. It ended with the Second World War.
