The long depression (1 sept 1873 año – 1 mar 1896 año)
Descripción:
The "Long Depression"was a long economic slump caused by a financial crash, bank failures, and bad railroad investments. It led to "deflation, high unemployment, and slow growth", mainly in Europe and the U.S., but some industries still advanced.(date is approximate)
Añadido al timeline:
fecha:
1 sept 1873 año
1 mar 1896 año
~ 22 years