History, asked by aarya6835, 2 months ago

what was the impact of the great depression on US? ​

Answers

Answered by ItzRoyalGirlHere
5

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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%.3 4 It took 25 years for the stock market to recover.

Answered by asgaming2357
1

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