The years 1929 to 1933 marked a significant period in world history, primarily due to the onset of the Great Depression. This economic downturn began with the Stock Market Crash of 1929, leading to widespread unemployment and business failures across the globe. Many people lost their savings, and banks collapsed, causing a severe financial crisis. In response to the economic challenges, governments implemented various measures to stabilize their economies. In the United States, President Herbert Hoover initially struggled to address the crisis, and by 1933, Franklin D. Roosevelt was elected, introducing the New Deal to provide relief and recovery efforts for the American people.