Social Sciences, asked by krishnavamshi276, 1 year ago

what are the two impacts of Great Depression​

Answers

Answered by satyamdhoot2005
0

Answer:

Great Depression, worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions, macroeconomicpolicy, and economic theory. Although it originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acutedeflation in almost every country of the world. Its social and cultural effects were no less staggering, especially in the United States, where the Great Depression represented the harshest adversity faced by Americans since the Civil War.

Answered by sanjanabhatt41134
5

1.people lost their jobs

2.the money lost their value.


ankitsunny: ^_^
Similar questions