Editing Economic depression (section)

===Great Depression===
{{main|Great Depression}}

The [[Great Depression]] of the 1930s affected most national economies in the world. This depression is generally considered to have begun with the [[Wall Street crash of 1929]], and the crisis quickly spread to other national economies.<ref>{{cite web |url=http://www.english.uiuc.edu/maps/depression/about.htm |title=About the Great Depression |publisher=English.uiuc.edu |access-date=7 September 2012 |url-status=live |archive-url=https://web.archive.org/web/20081220090243/http://www.english.uiuc.edu/maps/depression/about.htm |archive-date=20 December 2008 }}</ref> Between 1929 and 1933, the [[gross national product]] of the United States decreased by 33% while the rate of [[unemployment]] increased to 25% (with industrial unemployment alone rising to approximately 35% – U.S. employment was still over 25% agricultural).{{citation needed|date=November 2012}}

A long-term effect of the Great Depression was the departure of every major currency from the [[gold standard]], although the initial impetus for this was [[World War II]] (see [[Bretton Woods Accord]]).