Answer:
The “Great Depression” is the term used for a severe economic recession which began in the United States in 1929. It had far-reaching effects around the globe, especially in Europe. Many factors, including World War I and its aftermath, set the stage for this economic disaster.
Step-by-step explanation:KEY FACTS
1
The Great Depression was a contributing factor to dire economic conditions in Weimar Germany which led in part to the rise of Adolf Hitler and the Nazi Party.
2
Within the United States, the repercussions of the crash reinforced and even strengthened the existing restrictive American immigration policy.
3
By 1933, approximately 15 million people (more than 20 percent of the U.S. population at the time) were unemployed.