What do u mean by the term great economic depression signify?
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it means great fall in business all over the world it happens in 1929 there is no jobs at that time except Russia and England because they follow some economic policies
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Over the next 3 years, between 1929 and 1932, the national income of the USA fell by half.
Factories were shut down, exports fell, farmers were badly hit and spectaculators withdrew their money from the market.
The effects of this recession in the US economy were felt worldwide.
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