What were some economic effects during the great depression.

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03-03-2022
History

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What were some economic effects during the great depression.

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alexharm390 alexharm390 · Answer 1 · 2022-03-03T14:59:43+01:00

alexharm390 alexharm390

03-03-2022

The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted, international trade collapsed, and deflation soared.

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