The Great Depression

Another historical event reflected in 1984 is the Great Depression. The depression began in 1929 with the collapse of the New York Stock Exchange. As a result economies around the world collapsed and millions of people were thrown out of work. The effects of the Depression were felt until 1939 when weapons were needed for World War 2 and manufacturing began to recover. Germany, whose economic recovery after World War I was crippled by the necessity to make war repayments, was particularly
damaged by the depression.


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