what was the impact of great economic depression on usa?
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##Heya Yash is here to help u :
##See my all points :
☆In USA it began with the crash of wall street exchange in 1929.
☆When USA could not recover back loans.
☆Fearing a fall in price people made frantic efforts to sell their shares.
☆On a single day 13 million share were sold.
☆Factories shut down,banks become bankrupt,efforts fell,farmers were badly hit,leading to unemployment.
Thanks :)
Hope this is helpful for u :)
##See my all points :
☆In USA it began with the crash of wall street exchange in 1929.
☆When USA could not recover back loans.
☆Fearing a fall in price people made frantic efforts to sell their shares.
☆On a single day 13 million share were sold.
☆Factories shut down,banks become bankrupt,efforts fell,farmers were badly hit,leading to unemployment.
Thanks :)
Hope this is helpful for u :)
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