Worst economic depression in American history; it was spurred by the stock market crash of 1929 and lasted until World War II.
a world-wide economic depression from 1929-1933, unique in its severity and duration and with slow and uneven recovery. (p. 942)
The period of drastic economic decline following the stock market crash of October 1929 and continuing until about 1940. It was characterized by decreasing business activity and high rates of unemployment
A severe economic crisis which began in the United States in 1929 and affected the world during the 1930s.
a time in the united States during the 1930s when the economy was so poor that many people were unemployed.
A time of deep, prolonged recession in the United States (and elsewhere) during the 1930s. Output fell drastically; unemployment soared; banks failed; and many individuals experienced deprivation and hardship. (See also Depression, Recession.)
The Great Depression was an economic slump in North America, Europe , and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world.
An economic crisis that began with the stock market crash of October 29, 1929 and continued through the 1930s until the Second World War.
the worst economic collapse in the history of the modern world. It began with the stock market crash of 1929 and lasted through the late 1930s.
Beginning with the Wall Street stock market crash of October 24, 1929, it continued for a much longer period than panics the country had experienced before. Although the unemployment rate fluctuated for the following decade, it was highest in the recession of 1937.
The collapse of economic institutions following the crash of the New York Stock Exchange in 1929. This led to a period of extreme economic hardship, known as the Great Depression.
A deep, worldwide, economic contraction beginning in 1929 which caused particular hardship in Germany which was already reeling from huge reparation payments following World War I and hyperinflation.
The largest downturn or economic depression in the economy in Canada took place in 1930s. It was characterized by deflation, which occurs when no one is buying products.
a period of time that began with the U.S. stock market collapse in 1929; for a number of years, unemployment was incredibly high, families everywhere could no longer afford to own property, and all products that could be purchased were outrageously expensive because money was no longer worth very much.
A period of about 10 years, beginning in October 1929, during which many people lost their jobs and many companies went out of business throughout the world. Desperate unemployed workers took their families on the road to look for work (Photo credit: Library of Congress , Prints & Photographs Division, FSA-OWI Collection, LC-USF34-009749-E DLC). Today, people who lived through the Great Depression still remember the daily hardship . Here is a detailed summary of the period.
The world-wide economic hard times, which began after the stock market collapse on October 28, 1929, and continued through most of the 1930s. Even the Great Depression didn't stop the long-term upward trend of stock prices and earnings. If in 1929 you'd invested $100 in the S&P 500, you'd be sitting on $83,000 in 1999 (assuming you reinvested all the dividends.)
International economic crisis following the First World War; began with collapse of American stock market in 1929; actual causes included collapse of agricultural prices in 1920s; included collapse of banking houses in the United States and Western Europe, massive unemployment; contradicted optimistic assumptions of 19th century. (p. 847)
The Great Depression is the decade (1929 - 1939) of high unemployment and stagnant production throughout the world economy.
Extending throughout the 1930s, the nation's worst economic crisis produced unprecedented bank failures, unemployment, and industrial and agricultural collapse and prompted an expanded role for the federal government.
The Great Depression was a worldwide economic downturn which started in October of 1929 and lasted through most of the 1930s. It was centered in North America and Europe, but had devastating effects around the world, particularly in industrialized countries and producers of raw materials. Cities all around the world were hit hard, especially those based on heavy industry.