How the Great Crash and the Great Depression effected the economy and society.

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History

Scarlet Mcintosh

22 March, 09:58

How the Great Crash and the Great Depression effected the economy and society.

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Elian Trevino · Answer 1

The most devastating impact of the Great Depression was human suffering. In a short period of time, world output and standards of living dropped precipitously. As much as one-fourth of the labour force in industrialized countries was unable to find work in the early 1930s.