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The Great Depression lasted from 1929 to 1941 and only ended with America's entry into World War II.

At its highest point during the Great Depression, unemployment was 25% in 1933.

Because the circulation of money was so low, the U.S. didn't mint nickels in 1932 or 1933.

In the 1920s, the wealthiest one percent owned more than a third of American assets.

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8y ago
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10y ago

The great depression is explained as the result of economical failures and loss of business revenues that brought the financial world to a halt. It can also be described as a period of despair for many.

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Q: What statement best describes the Great Depression?
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