Question

Explain GREAT ECONOMIC DEPRESSION of 1929.

Answer 1

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, originating in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until 1941.It was the longest, deepest, and most widespread depression of the 20th century.In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline.

Answer 2

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, originating in the United States.

it  lasted from 1929 to 1939, and was the worst economic downturn in the history of the industrialized world.
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.
pls mark as brainliest