Search results
The causes of the Great Depression in the early 20th century in the United States have been extensively discussed by economists and remain a matter of active debate. They are part of the larger debate about economic crises and recessions. The specific economic events that took place during the Great Depression are well established.
Mar 26, 2020 · ThoughtCo / Vin Ganapathy. By. Martin Kelly. Updated on March 26, 2020. The Great Depression lasted from 1929 to 1939 and was the worst economic depression in the history of the United States. Economists and historians point to the stock market crash of October 24, 1929, as the start of the downturn.
Overview. 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.
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.
Causes. Socio-economic effects. Literature. Naming. Comparison with the Great Recession. See also. References. Further reading. Great Depression. Unemployed men lined up outside a soup kitchen in Chicago. The Great Depression (1929–1939) was a severe global economic downturn that affected many countries across the world.
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....
List of some of the causes and effects of the Great Depression.
