Great Depression
noun
: the period of severe worldwide economic decline that began in 1929 and lasted throughout the 1930s and that was marked by deflation and widespread unemployment
After the 1906 catastrophe, demand for office space caused rents in the Block to spike, and insurance companies and steamship firms replaced artists and writers. During the Great Depression, however, rents dropped again and the bohemians returned.—Gary Kamiya
From 1937 to 1938, during the height of the Great Depression, the Farm Securities Administration briefly ran a migrant labor camp in the area.—Janet Balicki
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“Great Depression.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Great%20Depression. Accessed 7 Jul. 2026.
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