The Great Depression was the longest and harshest economic downturn in modern history, starting in the United States in 1929 and spreading to other regions of the world. It was characterized by sharp increases in the rates of poverty and homelessness, mass unemployment, sharp declines in industrial production and prices, and banking panics. A pivotal moment in American history, the Great Depression had a profound effect on the lives of many people both at America and around the world. Following World War I, the Great Depression caused suffering, anguish, and pain in the lives of countless numbers of Americans. This tragic occurrence destroyed any hope that Americans at the time may have had. Unfortunately, the state of the economy at this time