Question

Devastating impact of the great depression on people​

Answer 1

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.

But there were also some beneficial effects. The New Deal programs installed safeguards to make it less likely that the Depression could happen again.

Answer 2

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Step-by-step explanation:

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%.

this is correct answer...