Great Depression and the Collapse of Global Trade – an overview
Introduction The Great Depression was the most severe and prolonged economic crisis of the 20th century, lasting from 1929 through the late 1930s. It originated in the United States but quickly spread worldwide, leading to collapsing industrial output, mass unemployment, and social misery on an unprecedented scale . In the U.S., industrial production fell by … Continue reading Great Depression and the Collapse of Global Trade – an overview
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