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The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in1930 and lasted until the late1930s or middle1940s. It was the longest, deepest, and most widespread depression of the20th century
Worldwide economic collapse following the stock market crash in1929, in which unemployment remained high for an extended period and many businesses failed.
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