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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.
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.
Jul 10, 2024 · The Great Depression was a worldwide economic depression that lasted 10 years. It began in the United States on October 24, 1929, otherwise known as “Black Thursday," when panicked investors sold a record 13 million shares.
- Kimberly Amadeo
The Great Depression was a severe global economic downturn from 1929 to 1939 that affected many countries across the world. It became evident after a sharp decline in stock prices in the United States, the largest economy in the world at the time, leading to a period of economic depression. [ 1 ]
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.
- Troy Segal
- 2 min
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. Explore topics on the era, from the stock market crash of 1929, to the Dust Bowl, to FDR’s response to the economic calamity—the New Deal.
Key facts about the 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 and policies.
