Moreover is defined as besides, also or in addition to what has been said. An example of moreover is a parent telling their teenager that, in addition to them coming home late, they also didn't do their chores. in addition to what has been said; besides; further; also: used with conjunctive force.
The depression originated in the United States, after a 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 GDP fell by an estimated 15%.
In the 5 years since the recovery began, the economy has grown in fits and starts. It was the worst U.S. economic calamity since the 1930s. Over 19 months, the Great Recession erased trillions of dollars of wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in pay or hours, and almost everybody's wealth fell.