What does Great Depression mean?

Definitions for Great Depression
Great Depres·sion

Here are all the possible meanings and translations of the word Great Depression.

Princeton's WordNet

  1. Great Depressionnoun

    the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s

  2. Depression, Great Depressionnoun

    a period during the 1930s when there was a worldwide economic depression and mass unemployment

Wiktionary

  1. Great Depressionnoun

    A major economic collapse that lasted from 1929 to 1940 in the US and a similar period in many other countries.

Wikipedia

  1. 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 nations; 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. In the 21st century, the Great Depression is commonly used as an example of how intensely the world's economy can decline.The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries the negative effects of the Great Depression lasted until the beginning of World War II.The Great Depression had devastating effects in countries both rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25% and in some countries rose as high as 33%.Cities around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming communities and rural areas suffered as crop prices fell by about 60%. Facing plummeting demand with few alternative sources of jobs, areas dependent on primary sector industries such as mining and logging suffered the most.

Freebase

  1. Great Depression

    The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in 1930 and lasted until the late 1930s or middle 1940s. It was the longest, most widespread, and deepest depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. The depression originated in the U.S., after the fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929. The Great Depression had devastating effects in countries rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most.

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Numerology

  1. Chaldean Numerology

    The numerical value of Great Depression in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of Great Depression in Pythagorean Numerology is: 4

Examples of Great Depression in a Sentence

  1. Joe Brusuelas:

    This is exactly the wrong move at the wrong time. We're inching toward the same mistakes we made during the Great Depression.

  2. Mayor Ed Murray:

    We are involved in a homeless crisis, the like we have not seen since the Great Depression, no city in America can deal with this (by itself).

  3. Bernie Sanders:

    Wall Street's greed and recklessness and illegal behavior drove this economy into the worst recession since the Great Depression. Millions of people lost their homes, their life savings, and their jobs. And, yes, I believe that we have to break up the major financial institutions. We have to re-establish Glass-Stegall.

  4. Bill Gross:

    Cash or better yet' near cash' such as 1-2 year corporate bonds are my best idea of appropriate risks/reward investments, the reward is not much, but as Will Rogers once said during the Great Depression -.

  5. Mayor Ed Murray:

    We are involved in a homeless crisis. The like we have not seen since the Great Depression, no city in American can deal with this (by themselves).

Images & Illustrations of Great Depression

  1. Great DepressionGreat DepressionGreat DepressionGreat DepressionGreat Depression


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