Not as bad as the Great Depression

Not as bad as the Great Depression

I have heard some say that the current condition in the United States compares to the Great Depression of the 1930s. I was speaking with Hilda Husbands the other day, and neither of us thinks things are as bad as we remember during the Great Depression.

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s.

It was the longest, deepest, and most widespread depression of the 20th century. The Great Depression is commonly used as an example of how intensely the global economy can decline.



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