Great Depression: Difference between revisions

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the predominant term for the crash seems to be Black Tuesday, even if there was a related day called black Thursday
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[[File:Unemployed men queued outside a depression soup kitchen opened in Chicago by Al Capone, 02-1931 - NARA - 541927.jpg|thumb|[[Unemployment|Unemployed]] people lined up outside a [[soup kitchen]] in [[Chicago]]. during the Great Depression]]
The '''Great Depression''' (1929{{endash}}1939) was a severe global economic downturn that affected many countries across the world<!-- Per [[MOS:REDUNDANCY]] try not repeating words, like "The Great Depression was a period of depression". -->. It became evident after a sharp decline in [[stock]] prices in the [[United States]], leading to a period of [[economic depression]].<ref>John A. Garraty, ''The Great Depression'' (1986)</ref> The [[Financial contagion|economic contagion]] began around September 1929 and led to the [[Wall Street Crash of 1929|Wall Street stock market crash]] of October (Black Tuesday). This crisis marked the start of a prolonged period of economic hardship characterized by high unemployment rates and widespread business failures.<ref name="ReferenceA">{{Cite news |last=Duhigg |first=Charles |date=23 March 2008 |title=Depression, You Say? Check Those Safety Nets |language=en-US |work=The New York Times |url=https://www.nytimes.com/2008/03/23/weekinreview/23duhigg.html |url-status=live |access-date=25 December 2021 |archive-url=https://web.archive.org/web/20210301125622/http://www.nytimes.com/2008/03/23/weekinreview/23duhigg.html |archive-date=1 March 2021 |issn=0362-4331}}</ref>