The Great Depression began with the crash of the Wall Street stock market
and had a severe worldwide economical effect in the decade preceding
World War ll. Unemployment in the U.S. rose to 25%, and in some countries
rose as high as 33%. The negative effect of the Great Depression lasted
until the end of the war.
29
Oct
ON THIS DAY, 83 YEARS AGO
posted by Bob Karm in ANNIVERSARY,Crisis,Fincncial,Government,HISTORY,NEWSPAPER,Stock market and have No Comments
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