Question

Deacribe the effect of the grat depresiion on the world . Who were most affected nt this depression

Answer 1

The Great Depression of 1929 devastated the U.S. economy. Half of all banks failed. Unemployment rose to 25 percent and homelessness increased. Housing prices plummeted 30 percent, international trade collapsed by 60 percent, and prices fell 10 percent per year.