Great Depression: Turning Point and Recovery
Read this article. Some people contend that the beginning of World War II ended the Great Depression, while others suggest it was the end of World War II that brought economic restabilization.
Economic Indicators
Change in economic indicators 1929–1932
| United States | United Kingdom | France | Germany | |
|---|---|---|---|---|
| Industrial production | −46% | −23% | −24% | −41% |
| Wholesale prices | −32% | −33% | −34% | −29% |
| Foreign trade | −70% | −60% | −54% | −61% |
| Unemployment | +607% | +129% | +214% | +232% |