One long range effect of the Great Depression was that it led to the development of new federal agencies as part of the New Deal. Some of these agencies still exist.
Men and Women from then on were set to saving money, therefore cause an up climb in prices in the markets.
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The Great Depression caused many people to lose their jobs and their homes in the 1930's America. One long range effect of the Great Depression, was that people learned to save and spend their money wisely.
The long term effect of the Stock Market crash was followed by the Great Depression.
The Great Depression had long-lasting consequences for our country.
Franklin Roosevelt did not get the US out of the great depression he streached out the depression and made it worse. We may be in for a very long depression if Obama tries to do the same things that Roosevelt did. Look how long the Roosevelt depression lasted.
120 days
The Great Depression caused many people to lose their jobs and their homes in the 1930's America. One long range effect of the Great Depression, was that people learned to save and spend their money wisely.
The long term effect of the Stock Market crash was followed by the Great Depression.
The Great Depression had long-lasting consequences for our country.
It caused an economic depression and loss of hope. It used to be called the Great Depression, before the Great Depression of the 1930's. It is now called the Long Depression. It also lead to conflict in the USA over the backing of money i.e. The Gold Standard vs The Free Silver Movement.
Franklin Roosevelt did not get the US out of the great depression he streached out the depression and made it worse. We may be in for a very long depression if Obama tries to do the same things that Roosevelt did. Look how long the Roosevelt depression lasted.
Great Depression
120 days
The introduction to the boll weevil and the Drought
till the late forties
The great crash was just one of the reasons that the US economy went into a long depression. The banks failing, and the decrease in purchasing power also had a part in leading the US into the long depression. The reason for this was that each economic issues fed into the next and there was no way to rebound.
Many banks were closed. The country entered into a depression.
Many banks were closed. The country entered into a depression.