answersLogoWhite

0

The Great Depression, which began in 1929 and lasted through the late 1930s, was a severe worldwide economic downturn that affected economies across the globe. It originated in the United States with the Stock Market crash and quickly spread, resulting in massive unemployment, bank failures, and a significant decline in industrial production and international trade. The depression led to widespread poverty and social unrest, influencing economic policies and government interventions, such as the New Deal in the U.S. Its impact was felt worldwide, with many countries experiencing similar economic hardships and changes in social structures.

User Avatar

AnswerBot

1w ago

What else can I help you with?