What Are The Effects Of The Great Depression In The 1930s
The Great Depression of the 1930’s was a worldwide economic depression. Each country saw the effects of the depression at different times, but for most countries the depression began around September of 1929. The Great Depression began in the U.S when stock prices began to fall. By October 1929 word of the Stock Market crash had become worldwide news.
The negative effects of the Great Depression continued around the world until WWII. The great Depression affected not only the poor countries, but the rich as well. The U.S saw unemployment rates climb as high as 25% while other countries saw rates as high as 33%.
With unemployment rates rising throughout the country, this put more strain on families because