The Great Depression - 1930

The great depression was a worldwide economic donwturn in the 1930. It was the largest depression in the modern history, and is now used as an examle of how far the the world`s economy can fall. The Great Depression originated in the United States; and the day it all started is called the stock market crash on October 29, 1929, known as Black thuseday. When the depression ended in the U.S it assosiaded with the onset of the war economy of Worl War II, beginnig around 1939.
The depression had devastating effects in virtually every country, rich or poor.