describe the beginning great depression
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Great Depression History
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UPDATED:OCT 17, 2019ORIGINAL:OCT 29, 2009
Great Depression History
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from the stock market crash of 1929 to 1939.
Stock Market Crash of 1929
Bank Runs and the Hoover Administration
Roosevelt Elected
The New Deal: A Road to Recovery
African Americans in the Great Depression
Women in the Great Depression
Great Depression Ends and World War II Begin
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.
Answer:
The great depression was the worst economic downturn in the history of the industrialised world lasting from 1929 to 1939.