What was the name of the period marked by the economic downturn in the U.S. during the 1930s? 🔊
The name of the period marked by the economic downturn in the U.S. during the 1930s is the Great Depression. This severe economic crisis began with the stock market crash in October 1929, leading to widespread bank failures, high unemployment rates, and significant declines in consumer spending and investment. The Great Depression had profound effects on American society and the global economy, triggering government reforms and initiatives aimed at economic recovery, including President Franklin D. Roosevelt’s New Deal programs focused on relief, recovery, and reform.


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