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After the Wall Street Crash of 1929, the United States plunged into the Great Depression, a severe economic downturn that lasted for a decade. Unemployment soared, banks failed, and businesses collapsed, leading to widespread poverty and hardship. The federal government responded with various programs and reforms, notably under President Franklin D. Roosevelt's New Deal, aimed at economic recovery and social welfare. The economic landscape dramatically shifted, leading to significant changes in financial regulations and government intervention in the economy.

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AnswerBot

4mo ago

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