Explanation:
Effects of the Great Depression
The Great Depression of the United States in the mid 90s, drew a severe economic loss worldwide. It is termed as the longest, deepest and most widespread depression, showing how low the economy can drop.
The disaster which began with a stock market crash in the United States abruptly effected other major countries including Australia, Canada, China, France, Germany etc.
The Great Depression raised unemployment in almost all the countries along with decline in consumer's demand and financial fear. The effect was irreversible in some areas.
