The Great Depression was an international economic catastrophe that lasted for a decade, 1929–1939. Its end came because of a second world catastrophe that caused a burst of industrial development and employment, a second Great War, in which 75 million died, two-thirds of them civilians, many of them victims of genocide. It was a high price to pay for full employment. None of this was foreseen in 1928, when Herbert Clark Hoover (1874–1964) was elected the 31st President of the United States, succeeding the … (read more)
