The Great Depression was the most noticeably awful monetary downturn throughout the entire existence of the industrialized world, enduring from the securities exchange crash of 1929 to 1939 

When was the great depression

The Great Depression was the most noticeably awful monetary downturn throughout the entire existence of the industrialized world, enduring from 1929 to 1939. It started after the securities exchange crash of October 1929, which sent Wall Street into a frenzy and cleared out a large number of financial specialists. Throughout the following quite a while, customer spending and speculation dropped, causing steep decreases in modern yield and work as bombing organizations laid off laborers. By 1933, when the Great Depression arrived at its absolute bottom, somewhere in the range of 15 million Americans were jobless and about a large portion of the nation's banks had fizzled. 

When did the great depression start

All through the 1920s, the U.S. economy extended quickly, and the country's absolute riches dramatically increased somewhere in the range of 1920 and 1929, a period named "the Roaring Twenties." 

The securities exchange, focused at the New York Stock Exchange on Wall Street in New York City, was the area of foolish theory, where everybody from mogul head honchos to cooks and janitors emptied their reserve funds into stocks. Therefore, the financial exchange experienced quick development, arriving at its top in August 1929.