The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from the stock market ***** of 1929 to 1939.
The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market ** of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’ banks had ***.
