Debasement is the act of deliberately rendering a currency less valuable, not through devaluation but by reducing the precious metal content of the coinage.
The Great Depression was a severe worldwide economic depression that took place during the 1930s, starting in the United States. The timing of the Great Depression varied across nations; in most countries, it started in 1929 and lasted until the late 1930s or early 1940s.
The term 'land office business' refers to a booming trade or thriving business activity. It is believed to have originated from the busy U.S. government land offices, which were established to distribute land to Western settlers during the expansion era.
