During the Great Depression, the market collapsed dramatically, along with the world trade. Because virtually every stock of the New York Stock Exchange had depreciated by more than 20% in a short period of time, the economy was in shambles. The unemployment rate also rose to a whopping 27% by 1933, the highest record of all time. Because the world stock, not just that of the America, has fallen, world trade was virtually out of the question, because all the nations were busy trying to keep their economies alive. The World War II is much to be credited for because it helped stimulate the economy, especially in terms of manufacturing.
