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The worldwide economic downturn known as the Great Depression began in 1929 and lasted until about 1939. It caused steep declines in output, severe unemployment, and acute deflation and led to extreme human suffering and profound changes in economic policy.
The Great Depression. Black Thursday stock market crash. People gathering on the steps of the building across from the New York Stock Exchange on Black Thursday, October 24, 1929, the start of the stock market crash of 1929. (more)
Mar 10, 2022 · The Great Depression, a worldwide economic collapse that began in 1929 and lasted roughly a decade, was a disaster that touched the lives of millions of Americans—from investors who saw their...
