Question

what are the impacts of the great economic depression in USA

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, global trade collapsed by 60 percent and prices fell 10 percent. It took 25 years for the stock market to recover.

But there were some beneficial effects. The New Deal programs installed safeguards to make it less likely another depression could occur. 



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Answer 2

see the attachment for answer