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Tag: The Great Depression

  • The great depression of 1930

    The great depression of 1930

    Introduction The 1929–1939 Great Depression was a global economic depression that affected all countries. The industrialized Western world had never before faced a depression of such length and severity, and as a result, economic institutions, macroeconomic policy, and economic theory underwent significant changes. Despite having its roots in the United States, the Great Depression had…