Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the great depression?where did the great depression happen?

0
10 Posted

What is the great depression?where did the great depression happen?

0
10

Even though you posted this in the mental health board, The great depression was not a mental illness. The great depression In October 1929 is when the (USA) stock market crashed, wiping out 40 percent of the paper values of common stock, and many lost their life savings. By 1933 the value of stock on the New York Stock Exchange was less than a fifth of what it had been at its peak in 1929. Business houses closed their doors, factories shut down and banks failed. Farm income fell some 50 percent. By 1932 approximately one out of every four Americans was unemployed.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.