Images of the Great Depression haunt the pages of history, as well as our collective unconscious. Men selling apples on street corners or making runs on banks, women and children in bread lines ...

The longest recession in American history took place between 1929 and 1939. Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity.

However, comparing it to the Great Depression is hyperbolic. This is reminiscent of the old Harry S. Truman adage, “It's a recession when your neighbor loses his job; it's a depression when you ...

The American economy had suffered economic downturns and slumps before, but the Great Depression was the worst in the country’s history. It affected more people and lasted much longer.

Men eating bread and soup at a breadline during The Great Depression in the USA in 1929. Breadlines were places for people in extreme poverty, who did not have the money to buy food for themselves ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.