The Great Depression began with falling stock prices in the United States in the fall of 1929, especially the "Black Tuesday" crash of the stock market on October 29, 1929. The Depression continued and worsened in the 1930s and became a global problem. Unemployment rates in the US rose to 25% and even higher in other countries (such as Germany).
President Roosevelt's New Deal programs were meant to address and alleviate the problems of poverty and joblessness during the Depression.
