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What is Causes and Effects of the Great Depression about?

The Great Depression was a severe worldwide economic downturn that began in 1929 and lasted until about 1939. It originated in the United States and quickly spread to other industrialized countries. Major causes included the stock market crash of 1929, drought and dust storms in the U.S. Great Plains known as the Dust Bowl, and a reduction in consumer spending globally. Effects involved declines in international trade, millions of business and job losses, and increased dependence on government aid programs.

Author

Nova Jessa

Language

EN