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Great Depression


Definition

Worldwide economic collapse following the stock market crash in 1929, in which unemployment remained high for an extended period and many businesses failed.

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Reasons To Own Gold (4 of 9)Deflation: Deflation, a period in which prices contract, business activity slows and the economy is burdened by excessive debt, has not been seen globally since the Great Depression of the 1930s. Duri ... Read more

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