The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed.
Lowered trade barriers will help the textile and apparel industry in under developed countries because there is more freedom for exchange of goods. Trade barriers hinders companies to export items to other countries or get imports from other countries so lowering it will allow more connection with other countries and will enable for the textile goods or finish products to be known to other countries and will also help allow the industry grow because more international clients will be accepted since it will be easier for them to export items with less hassle. It might be harmful because other people might exploit the industry that's why with lowered trade barriers arises more competitors. This will also allow smuggled good to be exported or imported with less security.
It is defiantly not stocks, and not bonds because those are investing in something that can flip on you and make you lose your money... so i think it would be bank accounts
