Question

explain The Years of Depression in briefly??​

Answer 1

Answer:

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.

Explanation:

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Answer 2

The Great Depression was a catastrophic global economic slump that lasted mostly from August 1929 to March 1933.

Explanation:

• The Great Depression began in the United States with a significant drop in stock values that began around September 4, 1929, and became global news with the stock market crash on October 29, 1929, known as Black Tuesday.
• The global gross domestic product (GDP) decreased by an estimated 15% between 1929 and 1932.
• Personal income, tax revenue, profits, and prices all declined, while foreign trade dropped by more than half. Unemployment in the United States increased to 23%, while in certain nations, it reached 33%.
• At first, the fall in the US economy dragged down most other nations; afterward, internal weaknesses or strengths in each country made situations worse.