Some observers believe the global economy resembles that of the late 1930s, and we risk another Great Depression. But there are clear differences between then and now, argues John Stepek.

There are also fears that the tariffs could trigger an economic downturn reminiscent of the Great Depression nearly a century ago. The Great Depression was a catastrophic economic downturn that ...

Cavallo, Alberto, Sophus A. Reinert, and Federica Gabrieli. "The Global Great Depression, 1929-1939." Harvard Business School Case 722-034, November 2021. (Revised January 2024.) ...

A crowd of depositors gather in the rain outside Bank of United States after its failure in 1931 during the Great Depression. Photo by World Telegram staff photographer from the Library of ...

The Great Depression (1929-1939) was one of the hardest economic periods in American history. With unemployment reaching 25%, ...

If United States Donald Trump doesn't back down from its plans to impose high import tariffs, the global economy might ...

The world economy could face a crash similar to the Great Depression of the 1930s unless the U.S. rows back on its plans to impose steep tariffs on imports, a senior official at the International ...

Farmers had already been struggling before the Great Depression. During the 1920s, the modernisation of farming, including the use of new fertilisers and farm machinery, had led to overproduction.

The Wall Street Crash in 1929 plunged the USA into economic depression and led to the Great Depression of the 1930s. What were the main causes of the Depression? Life during the Depression - WJEC ...

During the Great Depression, African Americans were disproportionately affected by unemployment: they were the first fired and the last hired. After Roosevelt was elected, he began to institute hi ...

The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.