How Do You Spell GREAT DEPRESSION?

Pronunciation: [ɡɹˈe͡ɪt dɪpɹˈɛʃən] (IPA)

The spelling of the phrase "Great Depression" is straightforward and follows the standard English pronunciation rules. In IPA phonetic transcription, it is written as /ɡreɪt dɪˈprɛʃən/. The first word "great" is pronounced with a long "a" sound, while the second word "depression" is pronounced with a stress on the second syllable and the "s" sound. The phrase refers to a severe economic downturn that occurred in the 1930s and had a significant impact on many countries around the world.

GREAT DEPRESSION Meaning and Definition

1. The Great Depression refers to a severe worldwide economic downturn that took place during the 1930s. Considered one of the most devastating economic crises in history, it originated in the United States and quickly spread to affect numerous countries across the globe. The Great Depression was characterized by a sharp decline in industrial production, high unemployment rates, deflation, and a significant decrease in global trade.

   The catalyst of this economic crisis was the stock market crash of 1929, also known as Black Tuesday, when stock prices plummeted dramatically, causing panic among investors and resulting in massive financial losses. The impact of the crash was devastating, as banks failed, businesses closed, and millions of people lost their jobs.

   During the Great Depression, consumer spending declined sharply, and as a consequence, production and investment drastically decreased. Unemployment rates soared, reaching an unprecedented 25% in the United States, and poverty levels rose significantly as families struggled to make ends meet.

   Governments worldwide implemented various measures to mitigate the effects of the Great Depression, such as public works programs and social welfare initiatives. Notably, President Franklin D. Roosevelt's New Deal policies in the United States aimed to revive the economy through government intervention and regulation.

   The Great Depression had a profound and lasting impact on economies, politics, and societies worldwide. It served as a catalyst for the emergence of social safety nets and Keynesian economic theories. Furthermore, the trauma caused by the Great Depression influenced global events, contributing to the onset of World War II.

Common Misspellings for GREAT DEPRESSION

• freat depression
• vreat depression
• breat depression
• hreat depression
• yreat depression
• treat depression
• geeat depression
• gdeat depression
• gfeat depression
• gteat depression
• g5eat depression
• g4eat depression
• grwat depression
• grsat depression
• grdat depression
• grrat depression
• gr4at depression
• gr3at depression
• grezt depression

Etymology of GREAT DEPRESSION

The word "great depression" was coined to describe the severe economic downturn that occurred worldwide in the 1930s. The term "depression" refers to a long and severe recession characterized by a decline in economic activity, low production, high unemployment rates, and deflation.

The term "great" in "great depression" is often speculated to have originated from the use of similar phrasing in the 1830s to describe other economic crises. For instance, there were references to "great panics", such as the Panic of 1837 and the Panic of 1873. These events could have influenced the use of the word "great" to describe the economic catastrophe of the 1930s.

While the exact origin of the phrase is not universally agreed upon, it is likely that the term "great depression" gained popularity due to its ability to convey the severity and magnitude of the economic crisis of the time.

Similar spelling word for GREAT DEPRESSION

• Great Pyrenees.

Plural form of GREAT DEPRESSION is GREAT DEPRESSIONS