The great depression of the 1930s affected a majority of the world population. ... This depression started with the Stock Market Crash of 1929. ... It became a law in US in June of 1930, and led to a significant decline in on world trade. ... The great hegemon was not leading the world out of the depression. ... US's tariff failed and its unemployment rose from 3 million in 1930 to 13 million in 1933. ...

• Word Count: 2688
• Approx Pages: 11
• Grade Level: High School