Which of the following statements regarding the effects of the great depression is accurate?

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What were the effects of the Great Depression quizlet?

(1) 50% of all US banks failed (2) The US economy shrank by 50% (3) The unemployment rate reached a high of 25% (4) Housing prices dropped by 30% (5) International trade dropped by 65% (6) Prices on manufactured goods fell 10% per year (7) Wages for American workers fell 42% (8) Homelessness in America skyrocketed.

How did the Great Depression affect the world quizlet?

How did the Great Depression affect the world economy? world trade had fallen more than 40%. Tariffs imposed by the US made unemployment worse in industries that could no longer export goods to Europe.

Who was affected by the Great Depression quizlet?

The Great Depression affected the daily lives of average Americans by causing them to be unemployed. People who had homes or apartments became homeless because they had no money to pay rent. Families fell apart when the husbands would leave to go search for jobs. Many suffered depression and committed suicide.

What was one impact of the Depression quizlet?

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%.