Economic depression

Definition

A severe, prolonged economic downturn involving falling production and trade, business failures and widespread unemployment.

Used by OCR

Paper 1

The worldwide economic depression undermined this approach. Governments faced unemployment and poverty at home, while aggressive leaders promised that national strength and expansion would provide solutions.
Revise: The Great Depression and 1930s Tensions

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GCSE History · key term

A severe, prolonged economic downturn involving falling production and trade, business failures and widespread unemployment.

Used by OCR

Paper 1

The worldwide economic depression undermined this approach. Governments faced unemployment and poverty at home, while aggressive leaders promised that national strength and expansion would provide solutions.
Revise: The Great Depression and 1930s Tensions

Create a free account to read GCSE History revision notes for your exam board and track your progress.