keeganmcafee keeganmcafee

05-02-2021
Geography

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What were the economic consequences of the Great Depression? Check all that apply.

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luisjimenez3654 luisjimenez3654

05-02-2021

The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.

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