The Great Depression began in the United States in September 1929 and lasted through 1939. With the stock market crash in October 1929 the depression was felt worldwide, with most countries experiencing extreme financial hardship, some through the middle 1940s.
The Great Depression lasted for approximately 10 years, from 1929 to 1939. The stock market crash in October 1929 wiped out millions of investors and sent Wall Street into a panic. By 1933, 13 to 15 million Americans were unemployed, and almost half of U.S. banks had fa...
Reasons for the Great Depression include the stock market crash of 1929, the dust bowl storms of the Midwest, uneven distribution of wealth and rapid industrial expansion. A universally accepted list of causes does not exist, however.
Some historians believe that the Great Depression was ended by the start of World War II. Others believe it was actually the end of World War II that put the economy back on its feet. Historians generally agree that the government's spending helped to at least accelerat...
The stock market crash of 1929 and the subsequent financial panic that followed marked the beginning of the Great Depression. The stock market crash caused consumers to panic and banks to fail.
The stock market crash on Oct. 24, 1929, triggered the start of the Great Depression, but a combination of poor economic management and lack of government intervention caused the lasting recession. The economic prosperity of the 1920s led to overconfident spending and i...
According to the International Encyclopedia of the Social Sciences, the Great Depression was a worldwide occurrence that affected the majority of market-oriented countries, in particular those that were in adherence to the gold standard. The U.S. stock market crash of 1...