Moreover is defined as besides, also or in addition to what has been said. An example of moreover is a parent telling their teenager that, in addition to them coming home late, they also didn't do their chores. in addition to what has been said; besides; further; also: used with conjunctive force.
The depression originated in the United States, after a fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). Between 1929 and 1932, worldwide GDP fell by an estimated 15%.
The Great Depression happened due to a number of reasons. It was created by a combination of a stock market crash, bad banking structure and tight monetary policy. This is why it lasted so long. The stock market peaked on September 3, 1929 with a record close of 381.17.