How Do You Spell THE GREAT DEPRESSION?

Pronunciation: [ðə ɡɹˈe͡ɪt dɪpɹˈɛʃən] (IPA)

The Great Depression is a historical event that occurred in the 1930s. The spelling of this word can be explained using the International Phonetic Alphabet (IPA). The first syllable "the" is pronounced as /ðə/ which is represented by the symbol ð followed by schwa /ə/. The second syllable "great" is pronounced as /ɡreɪt/ which is represented by the symbols ɡ, r, eɪ, and t. The final syllable "depression" is pronounced as /dɪˈpreʃən/ which is represented by the symbols d, ɪ, ˈpre, ʃ, ə, and n.

THE GREAT DEPRESSION Meaning and Definition

1. The Great Depression refers to a severe economic downturn that occurred in the United States and other parts of the world in the 1930s, lasting roughly from 1929 to 1939. It is considered one of the most devastating economic crises in modern history. This period of prolonged economic contraction was characterized by widespread unemployment, poverty, deflation, and a significant decline in industrial production and trade.

   The Great Depression was triggered by the stock market crash of 1929 when the "Roaring Twenties" economic bubble burst, leading to a chain reaction of bank failures and a drastic decrease in consumer spending. As the economy spiraled into a state of recession, businesses faced major financial difficulties, resulting in mass layoffs and widespread joblessness.

   The impact of the Great Depression extended beyond economic consequences and shaped the social and political landscape of the time. Many people suffered extreme hardship, losing their life savings, homes, and access to basic necessities. The unemployment rate soared to nearly 25%, and poverty and homelessness became rampant. Governments and policymakers implemented various relief measures, such as the New Deal in the United States, to provide assistance to those affected by the economic crisis.

   The Great Depression left a lasting imprint on economic policies and market regulations, emphasizing the need for financial regulation and the role of governments in stabilizing the economy during times of crisis. It also served as a reminder of the devastating consequences of unchecked speculation and unsustainable economic growth.

Common Misspellings for THE GREAT DEPRESSION

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