Great Depression
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English
Proper noun
the Great Depression
- (economics, business, finance, historical) A major economic collapse characterized by mass unemployment and limited business activity that lasted from 1929 to 1940 in the US and a similar period in many other countries.
- 2012 October 24, David Leonhardt, “Standard of Living Is in the Shadows as Election Issue”, in The New York Times, →ISSN:
- For the first time since the Great Depression, median family income has fallen substantially over an entire decade. Income grew slowly through most of the last decade, except at the top of the distribution, before falling sharply when the financial crisis began.
Translations
economic collapse
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