The Great Depression (oct 29, 1929 – apr 9, 1939)
Description:
The Great Depression began because the stock market crashed and making millions of investors poor. It became the longest and worst economic depression in all of United States history. Additionally, the high tariffs that were put on goods reduced output and caused global trade to contract. Because of the great depression, many were overwhelmed by unemployment, homelessness, deflation, and the stifle of production of goods.Added to timeline:
Date:
oct 29, 1929
apr 9, 1939
~ 9 years and 5 months