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Hitler's War: The Battle of El Alamein

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MEGA DISASTERS: Oil Apocalypse

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Life After Death Row >>>

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depression

In economics, a period of low output and investment, with high unemployment. Specifically, the term describes two periods of crisis in world economy: 1873–96 and 1929 to the mid‐1930s (see Great Depression).

The Depression of 1873–96 centred on falling growth rates in the British economy but also affected industrial activity in Germany and the USA. The crisis in the British economy is now thought to have lasted longer than these dates suggest.

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The True Story Of Seabiscuit

The Olympic 28

13 June 1972
Severe weather conditions over the Yucatan peninsula in Mexico begin to converge and form a tropical depression that becomes Hurricane Agnes.

28 July 1932
During the Great Depression, President Herbert Hoover orders the U.S. Army under General Douglas MacArthur to evict by force the Bonus Marchers from Washington D.C. The marches consisted of approximately 1000 First World War veterans seeking cash payments for their veterans’ bonus certificates.

8 November 1934
In the midst of the Great Depression, American President Franklin D. Rooslevelt launches The Civil Works Administration designed to provide for temporary work as part of the New Deal.

27 December 1932
At the height of the Great Depression, thousands turn out for the opening of Radio City Music Hall, a magnificent Art Deco theatre in New York City, U.S.A.