When was the Great Depression?

By Forinfos - 22/04/2025 - 0 comments

The Great Depression began in the United States in September 1929 and lasted through 1939. With the stock market crash in October 1929 the depression was felt worldwide, with most countries experiencing extreme financial hardship, some through the middle 1940s.

By 1933, millions of Americans were without jobs, farmers had to abandon their crops because they lacked the funds to maintain them, people were starving, homes were being foreclosed, and almost half of the nation's banks were closed. President Franklin D. Roosevelt realized the need for intervention and began an active program called the New Deal. Through the projects and laws put in place with the New Deal, America began its recovery.

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