Great Depression

The Great Depression was a global economic downturn that lasted from 1929 to the late 1930s, triggered by the stock market crash of 1929. It was characterized by widespread unemployment, poverty, and economic instability. The event had significant impacts on politics, society, and economies worldwide. Canada's Prime Minister Mark Carney recently announced a new advisory committee to address Canada's strong economic ties with the US, which were once a strength but are now seen as a weakness that must be corrected. This development is relevant today as countries continue to navigate complex trade negotiations and economic relationships with their southern neighbors.