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%.
Great Depression. The Great Depression was the worst economic decline ever in U.S. history. It began in late 1929 and lasted about a decade. Throughout the 1920âs, many. factors played a role in bringing about the depression; the main causes were the. unequal distribution of wealth and extensive stock market speculation. Money was distributed unequally between the rich and the middle-class, between industry and agriculture within the United States, and between the U.S. and Europe. This disproportion of wealth created an unstable economy. Before the Great Depression, the roaring twenties was an era during which the United States prospered tremendously. The nation's total income rose from $74.3 billion in 1923 to $89 billion in 1929. However, the rewards of the Coolidge Prosperity of the 1920's were not shared evenly among all Americans. In