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That's why it is called "the depression," because it was the biggest time of great financial hardship in the recent past. "The Great Depression" and "The Depression" are the same thing. Although, some people talk about us entering "a depression" sometimes, and they are talking about the economy now, not back then.

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13y ago
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14y ago

The term was coined once the problems exceeded those of the previous cycle, now known as the "Long Depression" (1873-1896). Although President Herbert Hoover used the phrase "Great Depression", it was formalized in a Lionel Robbins economics book The Great Depression in 1934.

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14y ago

No many people did not like the great depression but some killed their selves because they were to stressed.

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Q: Did people like the Great Depression?
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