The Great Depression: A Global Economic Catastrophe

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The Great Depression was a worldwide economic disaster triggered by the Wall Street crash in 1929. It affected both cities and rural areas, leading to halted construction, plummeting crop prices, and soaring unemployment. Lasting until World War II, the depression had devastating effects on personal income, trade, and profits. This wasn't just an American crisis; it was the longest, deepest, and most widespread depression of the 20th century. The Great Depression taught valuable lessons, reminding us that understanding history shapes our future. Like and subscribe for more intriguing historical insights!
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