What are the two impacts of “Great Depression"? That beidete
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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 67%, international trade collapsed by 65%, and deflation soared above 10%.34 It took 25 years for the stock market to recover.
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