Question

what do you economic depression of 1929

Answer 1

The Great Depression 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.The Great Depression was an economicslump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world.On average, an episode of major depression lasts 4 to 8 months, although this duration can be shortened by treatment.