Jan 6, 2010
The Great Depression
In the fall of 1929, the United States economy was devastated by a collapse of the stock market. Now known as the Stock Market Crash of 1929, these events plunged the United States, and eventually many nations throughout the world, into a devastating economic crisis that lasted until the beginning of World War II in 1939. This roughly ten-year period is known as the Great Depression. As a result of the collapse of the economy during the Great Depression, many people were out of work, lost their homes, and lived in abject poverty. Unemployment rates...
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