When was the Great Depression?
The Great Depression was a massive global economic recession (or “depression”) that ran from 1929 to 1941. It led to massive bank failures, high unemployment, as well as dramatic drops in GDP, industrial production, stock market share prices and virtually every other measure of economic growth. It bottomed out in 1932-33, but it was well after World War II before such indicators as industrial production, share prices and global GDP could surpass their 1929 levels.
