The great Depression of 1930s - Biggest financial crises in history || Causes and impacts ||
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The Great Depression of the
The Great Depression of the late 1920s and ’30s remains the longest and most severe economic downturn in modern history. Lasting almost 10 years (from late 1929 until about 1939) and affecting nearly every country in the world,
it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness.
It began in the United States on October 24, 1929, otherwise known as “Black Thursday," when panicked investors sold a record 13 million shares.
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it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness.
It began in the United States on October 24, 1929, otherwise known as “Black Thursday," when panicked investors sold a record 13 million shares.
Follow us on Telegram and ask your Queries :-
Telegram - https://t.me/successplusacademy
Connect with us on Instagram :
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2 سال پیش
در تاریخ 1401/01/28 منتشر شده
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