When did the Great Economic depression occur?

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1929

1899

1900

1919

answer is A.

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Detailed Solution

The Great Economic Depression occurred around 1929.
It lasted till the mid-1930s. The world experienced drastic production, employment, salary, and trade declines. It occurred at different times in different countries. One who suffered the most in society was the agricultural communities. It was mainly due to the fall in agricultural prices. This great depression was due to a combination of many factors. One of the main factors was agricultural overproduction and falling agricultural prices. To overcome the falling price of agricultural products, farmers extended their cultivation, further decreasing the price. And the second reason was the withdrawal of the US loan. Many countries financed their investment with the help of the US loan. Its withdrawal led to the failure of many banks in the country.

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