Question

What was the great depression?How was the world effected by it?

Answer 1

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$<b><marquee behavior="alternate">The Great Depression </marquee>$

The Great Depressionchallenged American families in major ways, placing great economic, social, and psychological strains and demands upon families and their members.

Millions of families lost their savings as numerous banks collapsed in the early 1930s.

Their was a startage for the economic hardship.

Answer 2

Answer :

The Great Depression :

✨ It was the worst economic downturn in the history of industrialised world, lasting from the stock market crash of 1929 to 1939.

✨ It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

✨ By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.

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