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 crash 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 laid off workers.
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- Introduction. The Great Depression, one of the most devastating economic crises in modern history, left an indelible mark on the world.
- Detailed explanation-2: -The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939.
- The common view among economic historians is that the Great Depression ended with the advent of World War II.
- Table of Contents. What Caused the Great Depression? Stock Market Crash of 1929. Bank Runs and the Hoover Administration.
- Classical economists learned a different lesson. In their view, the Great Depression consisted of four consecutive depressions rolled into one.
- But its social and cultural effects were no less staggering, especially in the United States, where the Great Depression ranks second only to the Civil War as the...
- The Great Depression was a devastating and prolonged economic recession that followed the crash of the United States stock market in 1929.
- Image shows a graph of the Great Depression of 1929 with the index of the New York Stock Prices on the Y axis and the year on the x axis.
- The Great Depression, which began in the United States in 1929 and spread worldwide, was the longest and most severe economic downturn in modern history.
- The Great Depression lasted from 1929 to 1939 and was the worst economic depression in the history of the United States.
Büyük Buhran
Ekonomik Bunalım
Büyük Buhran, Büyük Depresyon veya 1929 Dünya Ekonomik Bunalımı, 1929'da başlayan ve 1930'lu yıllar boyunca devam eden ekonomik buhrana verilen isimdir. Buhran, Kuzey Amerika ve Avrupa'yı merkez almasına rağmen, dünyanın geri kalanında da yıkıcı etkiler yaratmıştır.