Great Depression
The Great Depression followed a decade of rapid economic growth and urbanization. After the Wall Street Crash of 1929, business declined as it had after previous stock market crashes. However, people still had hope. John D. Rockefeller said that "These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity (wealth) has always returned (come back) and will again." But soon the bad effects of the depression grew worse and worse. More people lost jobs, money, and homes. There were reports that in Germany and the United States, there were great hunger, disease, and even starvation. Nations used protectionism more than in recent decades. This diminished international trade.