The Great Depression was a severe worldwide economic depression that lasted from 1929 to 1939 and was precipitated by a significant drop in available prices in the ____.

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The Great Depression was a severe worldwide economic depression that lasted from 1929 to 1939 and was precipitated by a significant drop in prices in the United States.
The timing and severity of the Great Depression differed significantly between countries. The period was exceptionally long and harsh in the United States and Europe, but it was milder in Japan and other parts of the world. Several factors caused the worst global economic depression in history. Consumer demand declines, financial panics, and misguided government policies contributed to a drop in US economic output. In addition, the gold standard, which linked nearly all countries on the planet through fixed currency exchange rates, was crucial in spreading the American downturn to other countries.

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