Richard H. Pells
Contributor at Encyclopaedia Britannica
Professor of History, University of Texas, Austin. Author of Radical Visions and American Dreams: Culture and Social Thought in the Depression Years. Source
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3 weeks ago |
britannica.com | Christina D. Romer |Richard H. Pells
The Great Depression was a worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomic policy, and economic theory.
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