Great Depression

Thirties economic catastrophe

The Great Depression was the severe worldwide economic downturn of the 1930s, triggered by the 1929 U.S. stock market crash.

Characterized by mass unemployment, bank failures, and widespread poverty, it reshaped government's role in managing economies.

The term now serves as shorthand for catastrophic economic collapse: The worst recession since the Great Depression.

1930s

stock market crash

Rapid decline in share prices

Hoovervilles · breadlines · bank failures · deflation · overproduction · speculation · Herbert Hoover · Okies · Grapes of Wrath · soup kitchens

hardship

unemployment

Being without paid work

homelessness · starvation · malnutrition · destitution · eviction · foreclosure · debt · austerity · scarcity · dispossession

NewDeal

Franklin D. Roosevelt

  • FDRDepression-era presidential initials
  • WPANetwork authentication standard
  • TVAFederal power authority

Social Security · public works · relief · recovery · reform · Glass-Steagall · FDIC · NRA · PWA · AAA

Categories
Opposites
economic conditions

Great Depressioneconomic boom

Sustained period of growth

prosperity · Roaring Twenties · economic expansion · bull market · Golden Age

severity of economic downturns

Great Depressionsoft landing

Controlled, gradual descent

recession · slowdown

Family

great, depressed, depression, depressing, depresses, depressive, antidepressive

Familiarity
Top 100,000
Profile
Known to kids · Mostly American · Timeless · Negative · Everyday, not technical · Rated G