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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 crisis in modern history, lasting from 1929 to 1939. It was triggered by the stock market crash of 1929 and exacerbated by the gold standard, bank failures, droughts and the Dust Bowl.
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 ]
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.
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Jul 13, 2024 · The Great Depression was a prolonged economic recession that started in 1929 with the stock market crash and lasted until 1941. Learn about the factors that led to the Depression, such as the Fed's monetary policies, the gold standard, and the Smoot-Hawley Tariff.
- Troy Segal
- 2 min
The Great Depression began in 1929 and lasted until about 1939, affecting most countries of the world. It was marked by steep declines in industrial production and prices, mass unemployment, banking panics, and trade contraction.
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.
