Question

write down some results of great depression

Answer 1

The Great Depression of 1929 devastated the U.S. economy. Half of all banks failed. Unemployment rose to 25 percent and homelessness increased. Housing prices plummeted 30 percent, international trade collapsed by 60 percent, and prices fell 10 percent.

Answer 2

The Depression affected politics by badly shaking confidence in unfettered capitalism. That type of laissez-faire economics is what Herbert Hoover advocated, and it failed badly. As a result, people voted for Franklin Roosevelt. His Keynesian economics promised that government spending would end the Depression.