History of the Great Depression
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120
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How did the Great Depression reshape the world economy and social systems? This book examines the Great Depression, which began in 1929 and became the longest and most severe economic downturn in modern history. It explores the causes of the depression, including the stock market crash, banking failures, and agricultural collapse, as well as the global ripple effects. The narrative examines the responses of governments, including President Franklin D. Roosevelt's New Deal in the U.S. and similar reforms in other countries. The book also looks at the social impact of the depression, such as widespread poverty, unemployment, and the changing role of women in the workforce. By analyzing the lessons learned from the Great Depression, the book discusses how it reshaped modern economic policies, welfare systems, and global financial regulations.
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