What is another word for the great depression?

Pronunciation: [ðə ɡɹˈe͡ɪt dɪpɹˈɛʃən] (IPA)

The Great Depression is a term used to describe a period of economic downturn in the United States, and it is often associated with the 1930s. However, there are several synonyms that describe this historical event. For example, it is sometimes referred to as the "Economic Crisis," since it was characterized by high unemployment rates, decreased industrial output, and significant declines in consumer spending. Other synonyms include the "Big Slump," the "Panic of '29," and the "Great Stock Market Crash." Regardless of the term used, the Great Depression represented a significant turning point in American history, and its impact still resonates today.

What are the hypernyms for The great depression?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with The great depression

  • At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.
    Arnie Duncan
  • The most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of the American people.
    C. L. R. James
  • Because its hard to realize now that that was the end of the great depression, you know. All of a sudden all of this is in front of me and I'm solvent, you know. I'm making some money and I know where my next meal is coming from, and I have a new pair of shoes and that's it.
    Robert McCloskey
  • Dread of disaster makes everybody act in the very way that increases the disaster. Psychologically the situation is analogous to that of people trampled to death when there is a panic in a theatre caused by a cry of 'Fire!' In the situation that existed in the great depression, things could only be set right by causing the idle plant to work again. But everybody felt that to do so was to risk almost certain loss. Within the framework of classical economics there was no solution. Roosevelt saved the situation by bold and heretical action. He spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' Except for Fabre's investigation of the behavior of insects, I do not know any equally striking example of inability to learn from experience.
    Bertrand Russell

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