The Great Depression began in late 1929 as a recession not unlike those experienced previously—a decrease in GDP from one year to the next was common—but it rapidly blossomed into a four-year reduction in economic activity. By 1933, real GDP had fallen by over 25 percent and was only $636 billion.
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https://2012books.lardbucket.org/books/theory-and-applications-of-macroeconomics/s11-01-what-happened-during-the-great.html
"We knew the United States economy fell off a cliff in the second quarter. On Thursday, we learned just how steep that dive was:"
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