The Great Depression was a global economic crisis from the time of 1929-1939 that plagued the world in mainly North America, Europe, and anywhere that has economics ties to the US.It first started after a major fall in stock prices in the US that began around September 4, 1929, which were followed by other crashes, including bank failures, and reduction of purchases. It later became worldwide news after October 29 that year which became known as Black Tuesday. Within the first 3 years of the Depression, the world GDP plummeted by an estimated 15% with Canada being arguably the most heavily impacted country by the depression as it’s GDP dropped by about 34.8% at the time, more catastrophic than any other nation. The Smoot-Hawley Tariff Act signed
