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Great Depression, worldwide economic slump that began in October 1929 with the Wall Street Crash and continued through the early 1930s. During the 1920s, while business prospered in the United States, farmers did not. In Germany hyperinflation took hold and the country (until US banks came to the rescue by providing huge loans) had trouble paying the vast reparations it had been ordered to make after World War I. In Great Britain labour unrest culminated in the General Strike in 1926, a year that saw more than 162 million working days lost through industrial disputes. After share prices plunged on Wall Street in 1929 the US banks began to call in their foreign loans.
Approximate Word count = 429
Approximate Pages = 1.7
(250 words per page double spaced)
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