Information about the great depression
With global stock markets falling due to the mortgage crisis, and the economy generally going into hard times because of a lack of credit, are we going to have a repeat of the great depression seen almost a century ago? Of course, nobody wants to see what happened in the great depression happen again, least […]
Unemployment during the great depression was at one of the highest levels ever in history. In America the unemployment rate reached nearly 25% at its peak. This graph shows the percentage of Americans unemployment from just before the Wall Street Crash in 1929, to the outbreak of World War 2 in 1939. Life during the […]