About Crisis!
by Great Depression or Great Depression was a period characterized by a dramatic decrease in global economic activity. The first signs of crisis occurred since 1928.
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Top of the Great Depression in the United States is usually associated with the collapse of the Stock Market Tuesday (so-called Black Tuesday) October 29, 1929. The economic crisis has had devastating effects both in industrialized countries and the least developed countries, whose economies depend mostly on exports of raw materials. World trade levels fell rapidly, as it fell further and personal income, budget revenue and profit in business. Cities worldwide have suffered heavily from the crisis, especially those dependent on heavy industry. Construction activity was virtually stopped. Rural areas suffer from decreased urmna agricultural commodity prices 40-60%. [1] mining and timber were probably the most dramatic decline because demand fell sharply and re-employment alternatives aa miners or forest workers were the lowest.
Great Depression ended at different times in world countries. In most countries were designed rehabilitation programs and most have passed through different political transformations that have pushed to extremes of right or left. Companies based on liberal democracy emerged stronger from the crisis weakened and dictators such as Adolf Hitler or Benito Mussolini came to driving some of the most powerful states and prepared the conditions for initiation in 1939 of the Second World War.
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