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You are here: Home / History / What was the Great Depression and When did the Great Depression take place?

What was the Great Depression and When did the Great Depression take place?

July 29, 2020 by Karen Hill

On October 29, 1929, the U.S. stock market crashed.

This meant that the value of stocks went way down, because everyone sold their stocks in a panic. This stock market panic was caused by many factors, including risky investments and overproduction of products.

The crash resulted in the Great Depression, which spread over the United States and became worldwide in the early 1930s.

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Filed Under: History

About Karen Hill

Karen Hill is a freelance writer, editor, and columnist. Born in New York, her work has appeared in the Examiner, Yahoo News, Buzzfeed, among others.

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