The Great Depression (27 août 1929 – 22 mars 1933)

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The Great Depression was a world-wide economic crash that took place around the 1930's, beginning in America. The Great Depression was caused by a crash in the stock market in October 1929, which sent Wall Street (which holds one of the biggest stock exchanges in the world) into a panic, wiping out millions of investors. Over several years, investment consumer spending dropped severely, causing very steep declines in employment, industrial outputs, and having companies forced to lay off workers.

Added by Nathan Lu edited by jack McGaughey

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