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One social consequence of the Great Depression was that there was a notable increase in the birthrate in families of unemployed men. Contrary to popular belief, the Great Depression didn't originate in the United States. It started with the economic collapse of Great Britain, which then caused the American stock market to crash.
The recovery from the Great Depression was spurred largely by the abandonment of the gold standard and the ensuing monetary expansion. The economic impact of the Great Depression was enormous, including both extreme human suffering and profound changes in economic policy. Timing and severity. The Great Depression began in the United States as an ordinary recession in the summer of 1929.