Overview and Historical Context

This page presents the structural outline of the topic and includes a comprehensive timeline of major historical events from 1906 to 2020.

Definition: The Great Depression (Große Depression) was a severe worldwide economic downturn that lasted from 1929 to the late 1930s.

Example: The timeline shows other significant economic crises, including the 2008 Financial Crisis, demonstrating the cyclical nature of economic downturns.

Economic Conditions in the USA

This section details the economic situation in the United States prior to the crash.

Highlight: The United States experienced significant economic growth and prosperity following World War I, with New York replacing London as the world's financial center.

Vocabulary: Wirtschaftswachstum (economic growth) - sustained increase in the production of goods and services in an economy.

Introduction to the Great Depression

The first page introduces a multiple-choice question identifying the major historical event of 1929 as the Great Depression, setting the context for the comprehensive examination of this pivotal economic crisis.

Highlight: The Weltwirtschaftskrise (Great Depression) represents one of the most significant economic catastrophes of the 20th century.