How long did the great depression of 1929 last?

Answer 1

just long enough for your parents to create and raise you In all seriousness, it is difficult to answer this question due to the complications of the Second World War in 1939. Further, the Great Depression of the 1930's may have started with the Wall Street crash of 1929, but there were further shocks to the world economy in the 1930's-Britain was finally forced off the Gold Standard in 1931 and many other countries followed this to protect themselves from the flight from gold. This resulted in countries adopting more tariffs and import restrictions, which severely curtailed international trade. Europe was still recovering from the First World War and reparations to the Allied nations collapsed with the moratorium on all war debts in 1932-this occurred after the collapse of the Central Bank of Austria, which was already in utter distress. All this created the political instability in Europe and the rise of Fascism in Spain, Italy and Germany. So after the 1929 Wall Street collapse, the Stock Market stabilized then collapsed again in the early 1930's. Even so, from 1932 Wall Street was still managing to recover and enjoyed over 30 days of +5%. However, the Wall Street index never recovered to its 1929 level. There was slow recovery through the mid 1930's but international events prevented any huge recovery. By 1938 war in Europe looked likely and recovery was gone. So it is fair to say it took Wall Street over 20 years to regain the levels of 1929, but it is unfair to look at the Great Crash as the single event.

Answer 2

If you mean just the crash it started a few days before it where the market dropped by 20 points or so in one hour. A few bankers put together their money in the stock marketwhich somewhat helped but ultimately failed. Then the crash came on Black Tuesday.

The Great Depression lasted until about the start of WWII.

Answer 3

The original crash lasted 2 days, October 28 and 29, 1929. Then the stock market index continued to fall until July, 1932 when it reached its lowest point (41.22, down from 381.17 shortly before October, 1929). From then on it started a slow climb that would continue to be slow until WW 2. WW 2 then turned out to be a great boost for US industry and its stock prices.

So while the crash lasted two days, the further slide downwards of stock prices lasted almost 3 years, finally losing investors about 80% of the original stock values.

Answer 4

I have know idea when it ended.

Answer 5

10 years. From 1929 till 1939