Great depression (29 Okt 1929 Jahr – 29 Okt 1939 Jahr)

Beschreibung:

An economic depression that started in the United States during the 1930s. It started after the stock market crash which wiped out investors. spending and investment drastically went down and caused a decrease in industrial output and also employment because companies weren’t doing well and laid off workers. Many people did not have jobs and many banks failed.

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