Great Depression was the worst and longest economic collapse in the history of the modern industrial world. It started 1983 and was not over till about the 1930s. Which was about the time World War II began. The depression started in the United States and spread to most of the world’s industrial countries. Which at this point in time they were economically dependant on each other. During the Great Depression there were rapid falls in the production and sale of goods and a rise in unemployment. There were many factors to the cause of the Depression. We’ll discuss a few of those in here.
One of the factors was that the economy was not stable. T
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