For most people the great depression in 1930s is still a powerful memory that disturbs minds of everyone. Today we face unstable world economic situation that scare many people who have directly and indirectly affected by the great depression.
During 1930s great depression, the economic situation was really bad. The economic situation was slowing down significantly. As a result many people get unemployed as many company cut down their production. Many people have to face very difficult life situation. People were having great difficulty to fulfill their basic need. That very bad economic situation was not experienced by American, but quickly spread to all over the world. Almost European and Asian country was affected by this economic crisis. The great depression was global economic crisis that almost every country in the world was affected. We have to learn from the great depression so that will not experience such bad economic condition that cost many people’s life.