Definition Of Depression Era

Depression definition is an act of depressing or a state of being depressed.

Definition of depression era. It began after the stock market crash of october 1929 which sent wall. The great depression was the worst economic downturn in world history. The great depression was the worst economic downturn in the history of the industrialized world lasting from 1929 to 1939. Stock market crash of 1929 and did not end until 1946 after world war ii.

How to use depression in a sentence. It was the longest and most severe depression ever experienced by the industrialized western world sparking fundamental changes in economic institutions macroeconomic policy and economic theory. Learn about the dust bowl new deal causes of the great depression a great depression timeline more. Great depression worldwide economic downturn that began in 1929 and lasted until about 1939.

The period of declining and lower economic activity in the worldwide economy from the late 1920s through the 1930s. The great depression was a severe worldwide economic depression that took place mostly during the 1930s beginning in the united states. The depression also the great depression the period in the years after 1929 until the middle of the 1930s or in some cases the 1940s when there was a very low level of economic activity in the us europe and many other countries. Great depression definition the economic crisis and period of low business activity in the u s.

And other countries roughly beginning with the stock market crash in october 1929 and continuing through most of the 1930s. The timing of the great depression varied across the world. In the united states it began with. It was the longest deepest and most widespread depression of the 20th century.

Many people lost their jobs and were very poor. The great depression was the greatest and longest economic recession in modern world history. In economics period of economic crisis in commerce finance and industry characterized by falling prices restriction of credit low output and investment numerous bankruptcies and a high level of unemployment.