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Causes And Effects Of The Great Depression

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Causes And Effects Of The Great Depression
The Great Depression that began in 1929 and lasted until about 1939 was an economic slump in Europe, North America, and other industrialized areas of the world. It was the longest, the deepest and most severe economic downturn ever experienced by the Western industrialized world.
With the destruction brought out by World War I, Europeans struggled while Americans flourished. The United States boasted the largest economy in the world, at the end of the 1920s.
The causes of Great Depression, the worst economic depression in the history of the United States, are a combination of domestic and worldwide conditions. It is not possible to point to just one factor. The effects of the Great Depression caused harm across the world.
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