Page 3 - IP3A 007 The Great Depression of 1929 to 1939 강경민

When the Great Depression began in

1929 it seemed to evade people.

Initially, the financial crisis was viewed

as a temporary slump that would

resolve itself – nobody imagined the

detrimental impact it would have.

The Great Depression lasted a decade,

and worldwide it devastated the

industrialized countries.

It occurred between the Roaring

Twenties and the Second World War,

from 1929 until 1939, and was the

direct result of human errors in

economic policy.