History, asked by sanjaynarendra, 1 year ago

what is mean by the great economic depression

Answers

Answered by CaptainSiddiquee
2
Great Economic Depression was a 10 years global economic crisis .
Answered by pkparmeetkaur
7

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Great depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s.It was the longest, most widespread, and deepest depression of the 20th century.


It 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.

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