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Meaning of Great Depression

Great' Depres'sion

Pronunciation: [key]
  1. the economic crisis and period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash in October, 1929, and continuing through most of the 1930s.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.