The greatest and longest economic recession in modern world history; began with the US stock market crash of 1929 and did not end until 1946 after World War II; some of the many repercussions included the failure of thousands of banks and the loss of employment for nearly one-fourth of the US workforce.
Global Definitions Database
Great Depression, The
Source: NCREIF | Date: 05 September 2025 | ID: D1180 | Version: 1