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The most severe financial crisis in the history of the United States and Canada was
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of 1929. Years later, both the United States and Canada fought against Germany in
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,
which led to the emergence of two major world powers: the United States and the Soviet Union. These two world powers struggled against each other in what is known as
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.

The most severe financial crisis in the history of the United States and Canada was the Great Depression of 1929. Years later, both the United States and Canada fought against Germany in World War II, which led to the emergence of two major world powers: the United States and the Soviet Union. These two world powers struggled against each other in what is known as the Cold War.