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Businessmen reached new levels of unpopularity during the 1930s. Following the wealth of the 1920s, the Stock Market crash of Wall Street, the business men were greatly impacted and many lost their business, effectively going bankrupt. By 1932, the nation's gross national product had dropped 33 percent, nearly 25 percent of workers had been thrown out of work, and the prices of most goods were cut in half. Business executives who had been seen as progressive captains of industries were responsible for much of the capitalism's advances during the years following the end of World War I, were soon seeming as responsible for capitalism's collapse. The businessmen retrenched (meaning sacked for no reason) there workers due to lack of money and supply. Businessmen reacted to this social, political, and economic crisis, in different ways and in ways that changed over time

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Q: How does The Great Depression affected the businessman in 1930?
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