the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s
Depression, Great Depression(noun)
a period during the 1930s when there was a worldwide economic depression and mass unemployment
A major economic collapse that lasted from 1929 to 1940 in the US and a similar period in many other countries.
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in 1930 and lasted until the late 1930s or middle 1940s. It was the longest, most widespread, and deepest depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. The depression originated in the U.S., after the fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929. The Great Depression had devastating effects in countries rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most.
The numerical value of Great Depression in Chaldean Numerology is: 4
The numerical value of Great Depression in Pythagorean Numerology is: 4
Sample Sentences & Example Usage
We probably have more serious problems than any time since the Great Depression.
Cash or better yet' near cash' such as 1-2 year corporate bonds are my best idea of appropriate risks/reward investments, the reward is not much, but as Will Rogers once said during the Great Depression -.
Cash or better yet' near cash' such as 1-2 year corporate bonds are my best idea of appropriate risks/reward investments, the reward is not much, but as Will Rogers once said during the Great Depression –.
He was a key contributor to the economic team as the country was fighting the worst recession since the Great Depression and will bring his keen analytical skills to helping to continue to strengthen the economy.
After World War II, we had just come out of the Great Depression, times were tough. But 16 million Americans served in the war, and a tremendous number of those people went somewhere else and had completely different experiences than what they were used to.
Images & Illustrations of Great Depression
Translations for Great Depression
From our Multilingual Translation Dictionary
- إحباط كبيرArabic
- velká depreseCzech
- store depressionDanish
- μεγάλη ΚΑΤΑΘΛΙΨΗGreek
- gran depresiónSpanish
- افسردگی شدیدPersian
- suuri lamaFinnish
- grande DépressionFrench
- nagy depresszióHungarian
- depresi besarIndonesian
- grande DepressioneItalian
- שפל גדולHebrew
- magnum exanimationes incidamusLatin
- grote DepressieDutch
- den store depresjonenNorwegian
- Wielka DepresjaPolish
- grande depressãoPortuguese
- mare depresieRomanian
- Великая депрессияRussian
- stor depressionSwedish
- తీవ్రమైన మాంద్యంTelugu
- büyük çTurkish
- велика депресіяUkrainian
- انتہائی افسردگیUrdu
- đại khủng hoảngVietnamese
- גרויס דעפּרעסיעYiddish
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"Great Depression." Definitions.net. STANDS4 LLC, 2017. Web. 27 Jun 2017. <http://www.definitions.net/definition/Great Depression>.