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Home > QFINANCE Dictionary > Definition of Great Depression

Finance and Business Dictionary

Definition of "Great Depression"

Economics

1930s global economic crisis the world economic crisis that began after the US stock market collapsed in 1929 and continued through the 1930s, resulting in mass unemployment and poverty, especially in North America

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Definitions of ’Great Depression’ and meaning of ’Great Depression’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Great Depression’ and other financial terms with our online QFINANCE Financial Dictionary.

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