RUNNING HEAD : GREAT DEPRESSION

Great Depression

Great Depression

The great depression began in 1923 in the industrialized areas of the world including Europe and North America. This depression is considered as the longest depression in the industrial world of west which lasted about in 1939.

Great depression started from U.S due to a fall in stock market in October 1929. Thousands of individual investors, several banks and financial institution were badly affected. Around by 1933 almost 25000 banks had failed. Such a huge amount of failure increased the un-employment at a large scale. There were a large number of decreases seen in the productions, ...