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  • 01-03-2021
  • History
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How did unemployment cause the economy to get even worse during the Great Depression

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s5200191
s5200191 s5200191
  • 01-03-2021

Answer:

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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