The Great Depresssion
The Great Depression, lasting for most of the 1930s, was a very significant period in New Zealand history, helping to build and shape a nation. Originating in the US, it was the worst economic downturn in recent history, affecting a large number of nations and people. The Depression caused mass unemployment and poverty both in New Zealand and overseas for several yeaars. The exact causes of the event are complicated, as many factors played a role, and the degree to which each was responsible is still debated. The event has had lasting consequences for New Zealand, changing society and the political landscape forever.