Great Depression
September 4, 1929 – September 1, 1939 · Era in the whole world
Severe global economic downturn from 1929 to 1939, marked by high unemployment, bank and business failures, and drastic drops in industrial production and international trade. The contagion began with the October 1929 Wall Street crash; by 1933 US unemployment had risen to 25 percent and 9,000 of 25,000 American banks had failed, while in Germany unemployment neared 30 percent, fueling extremism and Hitler's 1933 rise to power. Recovery varied by country, and the outbreak of World War II in 1939 ended the Depression.
Key people
Battles and events 2
-
Wall Street Crash of 1929 October 24–29, 1929
- Black Tuesday October 29, 1929
- Dust Bowl 1930 – 1936
Before and after
- Led to
- New Deal March 9, 1933 – 1939
World War II September 1, 1939 – September 2, 1945
Related events
1915
1921
1927
1933
1939
1945
1951
1957
1963
1969
1975
1981
1987
Great Depression
