Answer:
The Great Depression, which lasted from 1929 to 1939, was the worst economic downturn in the history of the industrialized world. As a result of corporate failures, unemployment surged sharply. Many Americans became destitute as a result of bank failures and the loss of life savings. Many Americans lost their homes because they had no employment and no funds. High unemployment rates, declining stock values, and decreased levels of demand for manufacturing inputs were all results of this time period.
Step-by-step explanation: