What were the effect of great depression on us economy 0?
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The Great Depression of 1929 devastated the U.S. economy. Half of all banks failed. Unemployment rose to 25% and homelessness increased. Housing prices plummeted 30%, international trade collapsed by 65%, and prices fell 10% per year.
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The Great Depression of 1929 devastated theU.S. economy. Half of all banks failed. Unemployment rose to 25% and homelessness increased. Housing prices plummeted 30%, international trade collapsed by 65%, and prices fell 10% per year.
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