The Great Depression (1 août 1929 – 1 mars 1933)

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The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s. The Great Depression is commonly used as an example of how intensely the global economy can decline. The Great Depression started in the United States after a major fall in stock prices. It became worldwide news with the stock market crash of October 29, 1929. The Great Depression had devastating effects in both rich and poor countries.

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