What major economic event began in 1929 and lasted through the 1930s?

The Great Depression is recognized as a significant economic event that began with the stock market crash in October 1929 and persisted throughout the 1930s. It was characterized by a severe worldwide economic downturn that led to widespread unemployment, a drastic decline in industrial output, and a significant drop in consumer spending. Banks failed, businesses closed, and millions of people lost their savings and homes.

The causes of the Great Depression were multifaceted, including over-speculation in the stock market, banking system failures, and decreased consumer confidence. This economic crisis had a profound impact not just on the United States, but globally, leading to changes in economic policy and the role of government in the economy.

In contrast, the Great Migration refers to the movement of African Americans from rural Southern states to urban centers in the North and West, mainly occurring during the 1910s to the 1970s, primarily as a response to economic opportunities and escaping Jim Crow laws. The Industrial Revolution was a far-reaching development that began in the late 18th century, transforming economies from agrarian to industrial, and its effects were already widely felt by the late 19th century. The Dust Bowl, occurring in the 1930s, involved a series of severe drought