Question

100 points! Please write 10 facts about how the Great Depression effected the economy

Answer 1

Great Depression affect the economy by
1) stock market
2) banks failed leaving with no savings
3) unemployed people was around
4) average family income dropped
5) The New Deal came around
6) hundreds of thousands of families could not pay their mortgages and where evicted from their homes
7) millions migrated away from the Dust Bowl
8) more than $1 billion bank deposits were lost due to bank closings
9) lasted from 1929-1939
10) country’s industrial production dropped by half

Answer 2

1. The Great Depression started on Wall Street.

2. Herbert Hoover was president during the start of the Great Depression.

3. The peak of the Great Depression was during 1932 to 1933.

4. The Great Depression caused social upheaval and political unrest.

5. Trade policies made the Great Depression worse.

6. The Dust Bowl occurred during the Great Depression.

7. Crime increased during the Great Depression.

8. Franklin D. Roosevelt became president during the Great Depression and took immediate action to try to stabilize the country.

9. The Great Depression had global impacts.

10. World War II effectively ended the Great Depression.

Here you go! Your welcome!