answersLogoWhite

0

After the Wall Street Crash of 1929, it is estimated that around 9,000 banks failed, leading to the loss of savings for millions of Americans. While exact figures on personal bankruptcies vary, it is believed that over 1 million people filed for bankruptcy in the years following the crash, contributing to the widespread economic hardship of the Great Depression. The financial turmoil severely impacted businesses and individuals alike, resulting in significant unemployment and poverty.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

When did the wall street crash start an end?

when did the wall street crash start.


What name is often given to the wall street crash in 1929?

the wall street crash by any chance?


What effect on people's lives did the Wall Street crash have?

The Wall Street crash had an wide and far-reaching effect on people's lives. People had no money to spend, so businesses closed therefore factories closed and people lost jobs.


What crashed in the Wall Street Crash of 1929?

money was stollen and people died


How many people were homeless during the Wall Street Crash of 1929?

14


What were the social consequences of the wall street crash?

When wall street crashed in 1929 it was a loss of billions of dollars which had a huge negative impact on the economy. The rich lost money, but so did the middle class people who could not afford the loss. People lost their jobs, businesses went bankrupt, and thousands of people committed suicide. This eventually led to the great depression in 1932.


The Wall Street Crash of 1929?

what about it


When did America recover from the Wall Street Crash?

1941 is when people claim at the start of WW2


Why did people kill themselves during the Wall Street crash?

Because they lost everything


What were the causes of fascism and Nazism?

desparation of the german people after ww1 and the wall street crash.


Facts about the wall street crash?

1) 12 million people out of work 2) 12,000 people being made unemployed every day 3) 20,000 companies had gone bankrupt 4) 1616 banks had gone bankrupt 5) 1 farmer in 20 evicted 6) 23,000 people committed suicide in one year - the highest ever


What year was the Wall Street crash?

1929