Defining Stories of the 1930s: Top 10 Headlines Rewind
Published Tuesday, March 12, 2024 By Newstrendo Staff
The 1930s was a decade full of momentous events that shaped the course of history. From the Great Depression to the rise of dictators, this era saw some of the most significant developments in modern times. In this article, we’ll explore 10 key stories that defined the 1930s and left an indelible mark on our world today.
1. The Great Depression
The most significant event of the 1930s was undoubtedly the Great Depression. It began in 1929 with a massive stock market crash and led to high unemployment, poverty and hunger for many people around the world. This economic crisis had far-reaching effects that were felt well into the 1940s.
The Great Depression was one of the most severe economic downturns in history. It caused a steep decline in global GDP and stock markets around the world plummeted by 40%. The crisis saw widespread poverty, hunger, and unemployment as millions of people were left unable to support themselves. In response, President Franklin D. Roosevelt issued the New Deal legislation in order to stimulate the economy and help those affected.