Definition Of Great Depression
The american public began a frenzy of investing in the speculative market in the 1920s.
Definition of great depression. Meaning of great depression. The economic crisis and period of low business activity in the u s. The period of decrease in wealth industrial production and employment from 1929 until the. The great depression is commonly used as an.
The great depression was the greatest and longest economic recession in modern world history. The great depression was a severe worldwide economic depression that took place mostly during the 1930s beginning in the united states the timing of the great depression varied across the world. It was the longest deepest and most widespread depression of the 20th century. Although it originated in the united states the great depression caused drastic declines in output.
How to use great depression in a sentence. 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. Information and translations of great depression in the most comprehensive dictionary definitions resource on the web.
Meaning pronunciation translations and examples. What does great depression mean. Great depression definition is the period of severe worldwide economic decline that began in 1929 and lasted throughout the 1930s and that was marked by deflation and widespread unemployment.