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aug 12, 1929 - The Great Depression

Description:

The Great Depression was a worldwide economic depression, the stock market crashed and personal income, tax revenue, profit, and prices all dropped and international trade fell by more than 50%. These negative effects lasted until the beginning of WWll. 12 million people were hired into the military during WWll, which helped lower unemployment to 10% or lower.

Added to timeline:

12 Mar 2020
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Date:

aug 12, 1929
Now
~ 96 years ago