How did the Great Depression change the country? Question 2 options: It set off a chain reaction of companies closing, unemployment and poverty. It destroyed the stock market and banking system forever. It caused millions of Americans to die of starvation. It caused massive distrust among foreign investors who no longer wanted to trade with America.
Answers
It set off a chain reaction of companies closing, unemployment and poverty is the correct answer.
Due to the Stock Market Crush, millions of shares were ended abruptly which ultimately lead to the closure of many companies and banks. It resulted in mass unemployment which in turn lead to poverty.
There was acute frustration among people and due to unemployment and poverty family violence became the norm of the day. People became dependent upon relief measures.
The Great Depression in the country was the cause of the sudden collision of economic factors adversely affecting the stock market thereby bringing down the economy of the country.
This, in turn, affected the citizens of America and poverty, high unemployment, low profits, and deflation was seen at a vast pace.
Companies started closing and people were brought down to streets.
This Depression showed America as for how intricately the national economy was connected and thus it proved a low point in all aspects and changed the living style of every citizen.