Answer: The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across the world; in most countries, it started in 1929 and lasted until the late 1930s. It was the longest, deepest, and most widespread depression of the 20th century. The Great Depression started in the United States after a major fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929, (known as Black Tuesday). Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II.
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A widening gap between the rich and the poor is the condition that contributed to eventual downfall of the republic
As Rome grew, the gap between rich and poor grew wider. Many of Rome´s rich landowners lived on huge estates. Thousands of enslaved persons—many of whom had been captured peoples in various wars—were forced to work on these estates. Small farmers found it difficult to compete with the large estates run by the labor of enslaved people. Many of these farmers were former soldiers. A large number of them sold their land to wealthy landowners and became homeless and jobless.
Two brothers, Tiberius and Gaius attempted to help Rome´s poor. As tribunes they proposed such reforms as limiting the size of estates and giving land to the poor.
Rome's increasingly wealth and expanding boundaries brought many problems. The most serious were growing discontent among the lower classes of society and a breakdown in military order. These problems led to a shake of the republic and the emergence of a new political system
The Declaration of Independence was signed July 4th, 1776.