In what year did the Great Depression end?

Explore Canada's rich history with our comprehensive test. Delve into flashcards and multiple-choice questions, each with hints and explanations. Prepare for your exam with confidence!

Multiple Choice

In what year did the Great Depression end?

Explanation:
The end of the Great Depression is commonly dated to 1939. After the 1929 stock market crash, the economy shrank for years, and although recovery began in the mid-1930s thanks to New Deal reforms, it wasn’t until 1939 that output and employment returned to pre‑depression levels for a sustained period, as economists at the National Bureau of Economic Research note. The year 1929 marks the start of the downturn, not its end. The year 1935 sits within the downturn with high unemployment still present. While wartime production in the early 1940s helped speed growth, the formal end is generally placed in 1939.

The end of the Great Depression is commonly dated to 1939. After the 1929 stock market crash, the economy shrank for years, and although recovery began in the mid-1930s thanks to New Deal reforms, it wasn’t until 1939 that output and employment returned to pre‑depression levels for a sustained period, as economists at the National Bureau of Economic Research note. The year 1929 marks the start of the downturn, not its end. The year 1935 sits within the downturn with high unemployment still present. While wartime production in the early 1940s helped speed growth, the formal end is generally placed in 1939.

More practice questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy