Effects of the Great Depression
“value” of stocks drops from ﹩87 to ﹩19 billion. Steel production drops 80% All industrial output drops 50% 500,000 homes and farms foreclosed 1931 alone 2500 banks failed Unemployment 33-40%
Effects of the Great Depression
“value” of stocks drops from ﹩87 to ﹩19 billion. Steel production drops 80% All industrial output drops 50% 500,000 homes and farms foreclosed 1931 alone 2500 banks failed Unemployment 33-40%