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World wide depression is nothing but the effect of Recession. Due to Economy Recession many people lay off and pink slips, this caused depression to the victims since the recession is sheer global economy, the depression raised globally..

Let me know if you need further deep dive.

-Jitendra Nath Palem

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Q: What is the world wide depression?
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In which year was the peak of the great depression?

It was in the 1930 during which there was a severe world wide economic depression.


Where is the setting of the Great Depression?

Mainly the United States of Americabut The Great Depression was a world-wide economic crisis.


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World wide depression refers to a time where the world was in economic despair. This included severe job loss, along with mass poverty and sickness. In the U.S., the depression struck in the late '20's and early '30's. This was the result of the stock market crash, which propelled the nation into extreme poverty and economic depression.


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The Great Depression occurred world wide when the Stock Market crashed in 1929.


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The Great Depression which occurred world wide.


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