Why was the economic depression that began in the second half of the 1920s called the Great Depression?

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History

Zachariah Black

24 July, 23:25

Why was the economic depression that began in the second half of the 1920s called the Great Depression?

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Taylor Osborn · Answer 1

Because people were living on the streets the homeless rate in the U. S. Is about 8% right now then it was almost 30% I believe. The stock became so bad in factories that no one had any money. It was a worst depression and will be know as the great deprey