The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the USA. The timing of the Great Depression varied around the world. In most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest and most widespread depression of the 20th century. The Great Depression is commonly used as an example of how intensely the global economy can decline.
Key dates :
1929 : The Wall Street crash sparks the depression
1930 : The Dust Bowls Begin
1931 : Food riots and banks collapse
1932 : President Roosevelt is elected
1933 : The New Deal begins
1935 : American Communist Party proclaims Popular Front
1936 : Roosevelt’s second term
1938 : Economic growth
1939 : Beginning of WW2
1941 : USA enters the war
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the USA. The timing of the Great Depression varied around the world. In most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest and most widespread depression of the 20th century. The Great Depression is commonly used as an example of how intensely the global economy can decline.
Key dates :
1929 : The Wall Street crash sparks the depression
1930 : The Dust Bowls Begin
1931 : Food riots and banks collapse
1932 : President Roosevelt is elected
1933 : The New Deal begins
1935 : American Communist Party proclaims Popular Front
1936 : Roosevelt’s second term
1938 : Economic growth
1939 : Beginning of WW2
1941 : USA enters the war