Great_Depression

Great Depression Introduction The Great Depression of the 1930s was the economic event of the 20th century. The history of the depression is fascinating because it is a reference point for economic misery and fear. When people make financial planning decisions and politicians set policy the depression experience is, or maybe should be, in the back of everyone's mind as a worst case scenario. The depression is also interesting because the downturn could have been much shallower had policy makers not made certain mistakes. Some of these mistakes have been very well researched by economists over the years and are highlighted here. There are also lessons to be learned from the depression on human behavior and society in general. What Happened' The Great Depression began in 1929 when the entire world suffered depression, economic, 1929, unemployment, output, much, great, 1933, years, world, policy, mistakes, fell, decline, been, because, back, worst, very, value, unusual, until, unprecedented, united, uk, two, suffered, stock, states, society, soared, since, should, shallower, set, scenario