Economy, asked by Somyarup, 6 months ago

Describe the Great Depression of 1929​

Answers

Answered by Anonymous
5

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.

Answered by Anonymous
5

Hello!

due to the wall street bank crash in U.S.A, the incomes were cut to half. this was the time when U.S was helping Germany to get a stable economy through the Dawes plan. but, it withdrew the plan soon after the crash. the years from 1929-32 were known as the years of great depression. 13 million shares were sold on the. day of great depression, to maintain the legitimate position.

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