The Great Depression, a worldwide economic downturn starting in the late 1920s and lasting until the mid-1930s, had profound effects on international trade, national incomes, and political landscapes.
An Economic System refers to the structure and methods by which a society organizes and distributes its resources, goods, and services to achieve economic goals. Major economic systems include Capitalism, Fascism, Socialism, and Communism.
Fascism is a doctrine and collection of concepts characterized by authoritarian nationalism, dictatorship by government, and aggressive economic and social control, often involving hostile nationalist attitudes and racism.
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