A depression is a deep and extended slump in total business activity, where both buying and selling drop, causing a decline in production, prices, income and employment. Money becomes limited, many businesses fail and many workers lose their jobs. Unemployed workers have less money to spend, which leads to further drops in sales and demand for products, which leads to decreased production and more employees losing their jobs. This seemingly endless downward spiral can continue …showed first 75 words of 2526 total…

…showed last 75 words of 2526 total…Hall and Co, Boston, Mas. Chalmers, Simon 2000, Depression and Crisis 1930 – 1939 (online) available World Wide Web URL: http://www.parliament.nsw.gov.au/prod/web/PHWebContent.nsf/PHPages/Pastand PresentDepressionandCrisis19301939?OpenDocument LeBoydre, Lou 1999, History of Australia (online) available world Wide Web URL: http://www.dashmark.com.au/leboydre/htm/WORLDD.HTM Lock, Graeme 2000, Revision Guide for T.E.E History – Australia 1900 – 1945 Case Studies, West Perth, Western Australia Williams, Matthew 1987, Australia We Remember the 20’s and 30’s,