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Impacts of the Great Depression
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What was the unemployment rate during the Great Depression?
At its peak, about 25% of the American workforce was unemployed.
How did the Great Depression affect global trade?
Global trade was dramatically reduced due to economic instability and protectionist policies.
What was the impact of the Great Depression on housing?
Many people lost their homes due to foreclosure, leading to widespread homelessness and poverty.
How were families affected during the Great Depression?
Families faced extreme financial hardship, reducing their quality of life and access to necessities.
How did the Great Depression affect mental health?
The economic hardship led to increased levels of depression and anxiety among the population.
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