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Reply #15: Because there has been more than one. [View All]

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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:50 PM
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15. Because there has been more than one.
Edited on Sat Jan-02-10 04:51 PM by kirby
There was the Panic of 1837 which sparked a five year Depression. From 1873 to 1896 there was a Depression also (people called it the Great Depression, but now it is referred to as the Long Depression).

The Great Depression between 1929 and 1933 was not only really bad, but it was world-wide. It seems to have been the worse of the Depressions to date.
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