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Great Depression - Encyclopedia Britannica The Great Depression began in the United States as an ordinary recession in the summer of 1929 The downturn became markedly worse, however, in late 1929 and continued until early 1933
Great Depression - Wikipedia The Great Depression was a severe global economic downturn from 1929 to 1939 The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world
The Great Depression - Federal Reserve History The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy The Great Depression began in August 1929, when the economic expansion of the Roaring Twenties came to an end A series of financial crises punctuated the contraction
The Great Depression Explained - economyinsights. com Discover what caused the Great Depression, how it unfolded, and its lasting global impact Explore key events, economic policies, major figures, and recovery efforts in this in-depth historical overview
The Great Depression: Overview, Causes, and Effects The Great Depression was a devastating and prolonged economic depression that followed the crash of the U S stock market in 1929 It ended as the Second World War began
The Great Depression [ushistory. org] First, American firms earned record profits during the 1920s and reinvested much of these funds into expansion By 1929, companies had expanded to the bubble point Workers could no longer continue to fuel further expansion, so a slowdown was inevitable
Great Depression Facts | Britannica The worldwide economic downturn known as the Great Depression began in 1929 and lasted until about 1939 It caused steep declines in output, severe unemployment, and acute deflation and led to extreme human suffering and profound changes in economic policy
Great Depression in the United States - Wikipedia In the United States, the Great Depression began with the Wall Street crash of October 1929 and then spread worldwide The nadir came in 1931–1933, and recovery came in 1940