Question

"Aside from the collapse of the stock market and banking industry in the United States, the Great Depression was worsened in America by"

Answer 1

The Great Depression was worsened in America by

The lost of GDP output that reduced by more than 30% causing unemployment to rise to a more than 20% record high.

Step-by-step explanation:

The 1930s Great Depression was the worldwide severe economic recession that erupted, following the stock market crash of October 1929. This crash sent Wall Street into a panic situation and completely wiped out millions of investments. The situation worsened over the next several years, with consumer spending and investments further dropping drastically, exacerbating the worse steep declines in industrial output and employment. And so many collapsing companies laid off more workers into the unemployment situation, thereby worsening the whole scenario.