How long did the Great Depression last?
< 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 1933, but it would be well after World War II before such indicators as industrial production, share prices and global GDP could surpass their 1929 levels.
The Great Depression (1929-1939) Although the United States had experienced several depressions before the stock market crash on October 27, 1929, none had been as severe nor as long lasting before “Black Thursday” struck Wall Street. Only when the federal government imposed rationing, recruited 6 million defense workers (including women and African Americans), drafted 6 million soldiers, and ran massive deficits to fight World War II did the Great Depression finally end. http://www.nps.gov/elro/glossary/great-depression.htm The Great Depression of 1929 was a worldwide economic downturn, starting in 1929 and lasting through most of the 1930s. It ended at different times in different countries. Almost all countries were affected. The worst hit were the most industrialized, including the United States, Germany, Britain, France, Canada, Australia, and Japan. Cities around the world were hit hard, especially those based on heavy industry. http://en.wikipedia.
