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5 ημέρες πριν · Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
13 Ιουλ 2024 · The Great Depression was the greatest and longest economic recession in modern world history. The Depression ran from 1929 to 1941. Investing in the speculative market in the 1920s led to the...
29 Οκτ 2009 · The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. At its peak, the U.S. unemployment rate topped 20 percent.
Summary. From the late 1920s through the 1930s, countries on every inhabited continent suffered through a dramatic and wrenching economic contraction termed the Great Depression, an economic collapse that has come to represent the nadir of modern economic history.
The Great Depression was the longest and most serious economic crisis in modern history. It began in the United States in 1929 but spread quickly throughout the world, lasting for about 10 years. The Depression caused sharp declines in economic production and severe unemployment in almost every country.
Key facts about the Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions and policies.
Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world. Its social and cultural effects were no less staggering.
