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No, it had ripped through Germany starting in the early 1920s due to hyperinflation from its war reparations payments and spread from there. It finally hit the US when the combination of worldwide depression and the Dust Bowl overwhelmed the postwar boom economy that it had experienced since the end of the war.
What else can I help you with?
Is the US in an economic depression?
what is an economic depression?
Is the US truly in a depression?
Not Really, we are in a recession but not a depression.
Could bill gates pull us out of the depression?
Were not in a depression and no he could not if we were.
Who brought out the us from of the Great Depression?
Franklin Delano Roosevelt and World War II brought us out of the Great Depression.
President of US after depression?
FDR.
Did the Great Depression effect the US?
no
Can you enter the US Air Force with depression?
yeah, but it depends in the level of depression youre in
What is the worst period of economic hardship in US history?
Great Depression
Why did technology get the us out of the Great Depression?
Technology did not get the US out of the Great Depression. World War II is what got the United States out of the Great Depression because of all the jobs that were created with prepping for the war.
Did the Great Depression lead to cold war?
The great depression of the 1930's led to WW2; WW2 got the US out of the depression.
Was the great depression the only depression to affect the US?
Once we finish this "recession" we will be calling the last few years the "Greater Depression".
The proper term describing the US economy after the depression is?
The proper term describing the US economy after the depression is recovery. The economy went up from where it was.
