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The Great Depression began around ____ and lasted till the mid-1930s.


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Detailed Solution

The Great Depression began around 1929 and lasted till the mid-1930s.
The world's regions during this time had catastrophic decreases in production, employment, incomes, and trade. Each nation experienced the depression at a different time and with a different effect. But generally, rural areas and towns suffered the most. Moreover, the drop in farm prices was more extensive and lasted longer than the decline in industrial product prices. Many reasons, including continued agricultural overproduction, contributed to the downturn. Declining crop prices only exacerbated the situation.
 
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