CONTEMP. HIST.:Lec 58- OUR WORLD, THE 1930s : WHY DID A FINANCIAL CRISIS... The crisis that began in the United States in 1929 spread to many countries. This is not just a story about banks and the stock market. It is also about millions of families who lost their jobs and livelihoods. WHAT WAS THE GREAT DEPRESSION? It was a deep, prolonged economic crisis that began in 1929 and affected many countries throughout the 1930s. Production and trade fell, businesses and banks failed, and unemployment
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CONTEMP. HIST.:Lec 58- OUR WORLD, THE 1930s : WHY DID A FINANCIAL CRISIS... The crisis that began in the United States in 1929 spread to many countries. This is not just a story about banks and the stock market. It is also about millions of families who lost their jobs and livelihoods. WHAT WAS THE GREAT DEPRESSION? It was a deep, prolonged economic crisis that began in 1929 and affected many countries throughout the 1930s. Production and trade fell, businesses and banks failed, and unemployment
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