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Q.

In which year did the Great Depression start?  


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a

1929

b

1930

c

1931

d

1932 

answer is A.

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Detailed Solution

The Great Depression started in 1929. The Great Depression was a global economic crisis from 1929 to 1939. It was the most prolonged and severe depression ever experienced by the industrialised Western world. In spite of its origins in the United States, the Great Depression resulted in significant output losses, widespread unemployment, and severe deflation in every country. Its social and cultural repercussions were no less disastrous, particularly in the United States, where the Great Depression was the most painful setback Americans had encountered since the Civil War. However, the severity and timing of the Great Depression differed significantly between countries.
 
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