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vekshin1
2 years ago
9

Who did the Great Depression not have a major impact on?

History
1 answer:
slega [8]2 years ago
7 0
All American people
It greatly impacted those who took out bonds and loans to invest in the stock market, not only that but thousands were left unemployed and without homes
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The steel industry led the American economy, and made it the biggest in the world. The steel industry also led to technological advancements such as railroads, machines and factories.

The textile industry changed/improved how goods were produced and boosted raw material imports. The textile industry also produced cotton, wool, and other types of fabrics. They also brought jobs to the areas where they were built which significantly helped the economy and society to grow.

The railroad is one of the most important advancements in the industrial revolution, it caused the American economy to boom (even more) and facilitated international trade. The railroad also transported western food, crops, and raw materials to East Coast markets, and manufactured goods from East Coast cities to the West Coast.

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