The Great Depression, which began in 1929 and ended around 1939, is the longest and most severe U.S. economic downturn in modern history. The 1920s in the U.S. became known as the Roaring '20s, ...

There is an interesting parallel between the sharp downturn in economic activity in 1937-38 and the current effort to bailout the finance industry. Government actions do not always achieve the ...