History, asked by Darknight8125, 1 year ago

what effects did the early years of the great depression have on the united states check all that apply brainly

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Answered by Rajneshgoswami
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The great depression is known as the worst economic disaster in american history
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Answered by skyfall63
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In the USA, the Great Depression erupted and rapidly expanded globally. The consequences were significant throughout the rich and poor nations. Personal income, employment, industrial production, revenue, earnings, prices have fallen, with even more than 50 percent of foreign trade dropping.

  • The Great Depression has been described as America's most severe economic disaster. The depression shook the state of the United States, banks and shareholders alike.
  • The economic depression has been reported as debatable, partially because of the thriving after-war economy and the phenomenon of the Roaring 20s.
  • The rising income of the 1920s began to fall, reflecting the value of the currency spent by Americans.
  • When the financial firms discovered the enormous rewards might generate a challenge, they introduced "balancing measures," which the market undoubtedly held.
  • Once this decline erupted on the economy, several investors invested heavily in cash.
  • Financial companies have carried out so many acquisitions in assets of all types, large and small, that in the situation of withdrawals deposits could not have been changed.

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