Social Sciences, asked by dosalamanjulayadavma, 4 months ago

what is the great depression? what was the impact of great depression period?​

Answers

Answered by crazygirl4029
3

The most devastating impact of the Great Depression was human suffering. In a short period of time, world output and standards of living dropped precipitously. As much as one-fourth of the labour force in industrialized countries was unable to find work in the early 1930s.

Answered by sushilakesharwani214
1

Answer:

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%

Explanation:

The most devastating impact of the Great Depression was human suffering.

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