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Ksju [112]
3 years ago
10

What were the consequences of the great depression?

History
2 answers:
mario62 [17]3 years ago
8 0

Answer:

The consequences of the great depression is discussed below.

Explanation:

  • The Great Depression of 1929 destroyed the U.S. economy. The share of all banks worsened. Unemployment increased to 26% and homelessness developed.
  • Housing expenses plunged 31%, foreign trade dropped by 66%, and expenses declined 11% per year.
  • The long-term consequence was the Cold war, the rise of communism.
kodGreya [7K]3 years ago
3 0
♥ High unemployment.
♥ Many people became homeless
♥ <span>Farmers lost their farms 
♥ The trade shrunk
♥ </span><span>Suicide rates became higher and higher. </span><span />
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