History, asked by Nasia14, 1 year ago

Which was a major result of the Great Depression of 1929? A) Banks became owned by the government. B) There were term limits placed on the President. C) The federal government grew to try and prevent future depressions. D) Millions of Americans volunteered for World War II to escape poverty.

Answers

Answered by sanjitinnocent
0
its A the banks became owned by the government
Answered by dackpower
6

C) The federal government grew to try and prevent future depressions

The Great Depression was a serious commercial downturn in US history. It started in 1929 and did not decline until the end of the 1930s. The stock exchange crackup of October 1929 indicated the commencement of the Great Depression. By 1933, unemployment was at 25 percent and more than 5,000 financial institutions had gone out of business.

The global economy suffered destruction in the stock after the acquisition of homes and cars reduced because of substantial debt. October 29, 1929, was regarded as Black Tuesday by a huge fall in the global stock exchanges during the 1920s. This session is associated with as the Wall Street Crash of 1929 or the great crash.

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