1930

The year 1930 was characterized by significant economic and social change. It marked the beginning of the Great Depression, a severe worldwide economic downturn caused by stock market crashes and widespread financial instability. Unemployment rose sharply, many businesses failed, and poverty increased globally. Despite these hardships, innovations in technology, arts, and science continued, shaping future development. The year also saw political tensions and shifts, setting the stage for significant movements and conflicts in the decades that followed. Overall, 1930 was a pivotal year balancing challenges of economic hardship with ongoing cultural and technological progress.