Question

what was great economy depression

Answer 1

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.

The causes were: 

Stock Market Crash of 1929 Bank Failures Reduction in Purchasing Across the Board American Economic Policy with Europe

 

The effects of economic depression are as follows:

 Shaping of Indian politics in the 1920s, Agricultural prices began to fall from 1926  Demands for agricultural goods fell and exports declined, peasants found it difficult to sell their harvests, peasants found it difficult to pay their revenue, Country was in turmoil

Answer 2

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. 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 intensely the world's economy can decline.