What does Great Depression mean?

Definitions for Great Depression
Great De·pres·sion

Here are all the possible meanings and translations of the word Great Depression.

Princeton's WordNet

  1. Great Depression(noun)

    the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s

  2. Depression, Great Depression(noun)

    a period during the 1930s when there was a worldwide economic depression and mass unemployment

Wiktionary

  1. Great Depression(ProperNoun)

    A major economic collapse that lasted from 1929 to 1940 in the US and a similar period in many other countries.

Wikipedia

  1. Great Depression

    The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in 1929 and lasted until the late-1930s. It was the longest, deepest, and most widespread depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how intensely the world's economy can decline.The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries the negative effects of the Great Depression lasted until the beginning of World War II.The Great Depression had devastating effects in countries both 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 around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming communities and rural areas suffered as crop prices fell by about 60%. Facing plummeting demand with few alternative sources of jobs, areas dependent on primary sector industries such as mining and logging suffered the most.

Freebase

  1. Great Depression

    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.

How to pronounce Great Depression?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say Great Depression in sign language?

  1. greatdepression

Numerology

  1. Chaldean Numerology

    The numerical value of Great Depression in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of Great Depression in Pythagorean Numerology is: 4

Examples of Great Depression in a Sentence

  1. Barack Hussein Obama:

    It is something we were aware of in 2008 and we wanted to do more about, but the first thing was putting out a big fire to make sure we didn't have a great depression.

  2. Mayor Bill de Blasio:

    This is going to be the greatest crisis domestically since the Great Depression, this is why we need a full-scale mobilization of the American military.

  3. Bernie Sanders:

    Wall Street's greed and recklessness and illegal behavior drove this economy into the worst recession since the Great Depression. Millions of people lost their homes, their life savings, and their jobs. And, yes, I believe that we have to break up the major financial institutions. We have to re-establish Glass-Stegall.

  4. General McChrystal:

    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.

  5. Jason Furman:

    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.

Images & Illustrations of Great Depression

  1. Great DepressionGreat DepressionGreat DepressionGreat DepressionGreat Depression


Translations for Great Depression

From our Multilingual Translation Dictionary

Get even more translations for Great Depression »

Translation

Find a translation for the Great Depression definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Discuss these Great Depression definitions with the community:

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"Great Depression." Definitions.net. STANDS4 LLC, 2020. Web. 6 Jul 2020. <https://www.definitions.net/definition/Great+Depression>.

Are we missing a good definition for Great Depression? Don't keep it to yourself...

Free, no signup required:

Add to Chrome

Get instant definitions for any word that hits you anywhere on the web!

Free, no signup required:

Add to Firefox

Get instant definitions for any word that hits you anywhere on the web!

Nearby & related entries:

Alternative searches for Great Depression:


Thanks for your vote! We truly appreciate your support.