THE EFFECT OF THE GREAT DEPRESSION OVER AEGEAN GRAPES (REPERCUSSIONS)

The worldwide economic depression in 1929, as known as the “Great Depression”, is one of the results of World War I. What is meant by the word “Depression”, also referred to as “Slump”, is the destabilization of the worldwide economy. Destabilization of the economy caused many businesses to go bankrupt, many people to become unemployed and social order and life to be derailed . In the books of history and economy, “The Great Depression” is usually evaluated and interpreted by numbers but the fact that it inflicted deep wounds in people should not be overlooked. The effects of Great Depression in 1929 over Aegean Region will be analyzed. With this purpose it is researched, be it from local news or various other sources, how the Depression affected grape producers and traders of the region in terms of their well-being. Moreover, grape variations in the foreign countries and sales prices of that time are given in tables.

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