The Great Depression (oct 29, 1929 – jan 1, 1939)
Description:
Caused by a stock market crash, the Great Depression was a severe economic downturn that affected the whole world. Government decided to intervene in the economy through the methods of : MONETARY POLICIES, FISCAL POLICIES, REGULATION, and nationalization of industries. Ultimately, it was not the intervention of government that ended the Great Depression, it was production of WWII.Added to timeline:
Date:
oct 29, 1929
jan 1, 1939
~ 9 years and 2 months