What kind of effect did the great depression have?

Answer 1

It caused a nation wide depression followed by arronias hobos
Actually, with everyone investing their stocks and what not in the..stocks, they lost a crap load of money and pretty much got screwed.

Answer 2

The Great Depression had an effect on many people. Over 12 million were unemployed. The Stock Market crash was the main reason for the Great Depression. Agriculture and farming were another important factor. The Great Depression last for at least a decade.The Great Depression affected people everywhere.

Answer 3

The major effect of the Great Depression on America was expanded government intervention into new areas of social and economic affairs and the creation of more social assistance agencies at the national level. The relationship between the national government and the people changed drastically. The government took on a greater role in the everyday social and economic lives of the people. The New Deal programs of FDR also created a liberal political alliance made up of labor unions, blacks and other ethnic and religious minorities, intellectuals, the poor, and some farmers. These groups became the backbone of the Democratic Party for decades following the Depression. The Great Depression and the New Deal measure led to the domestic programs of JFK's New Frontier, and LBJ's Great Society and War on Poverty.