Question

definition of great depression

Answer 1

[AI-generated answer — Bot GPT 3.5]

The Great Depression was a severe worldwide economic recession that took place in the 1930s. It began in 1929 with the collapse of the stock market in the United States and lasted until the late 1930s or early 1940s. It was characterized by widespread unemployment, poverty, and a sharp decline in industrial production and trade. The Great Depression had a devastating impact on millions of people around the world, leading to increased poverty, homelessness, and social unrest.