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Many people, both rich and not so rich lost all they had. Investments collapsed to no value. Banks closed and all the accounts people had in them vanished.

Some rich people rode the great depression through with little difficulty, but few were totally unaffected by it.

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How did some people become wealthy during the Great Depression?

wealthy people became rich in the great depression by collecting all the cheese from around the twon to sell to the peasents at a high price. wealthy people became rich in the great depression by collecting all the cheese from around the twon to sell to the peasents at a high price. wealthy people became rich in the great depression by collecting all the cheese from around the twon to sell to the peasents at a high price. wealthy people became rich in the great depression by collecting all the cheese from around the twon to sell to the peasents at a high price.


Was everyone affected equally by the great depression?

No. Most countries like France, Great Britain, and the US were largely affected. Germany was much less affected and continued to steadily build their military.


How did people during the Great Depression lose money?

MILLIONS From rich people, and por people lost everything.


Who did the great depression effect?

average people , basically every one but the rich. people loosed jobs prices rose high


How did the Great Depression affect people and families?

The Great Depression ruined people's fortunes. Many couples delayed marriage because the divorce rate dropped sharply. Many rich people felt no impact at all, and were oblivious to the suffering of others.


Was there unequal distribution of wealth during the Great Depression?

Yes. * Some rich people became poor, but there was still a group of people who were rich and some who were poor * So, long answer short - yes


What affects did the Italian renaissance have on the rich people?

it affected all rich people they all got killed


Where there any celebrities during the Great Depression?

It depends what you mean by celebs but there were some extremely rich people during the great depression. The Vanderbilt's and some other families held more then 20% of America's money during the Great Depression. There were a few films during that era but radio stars still were much more popular because almost everyone had a radio and it was hard for people to go to the movies.


The experiences of the rich in Great Depression?

Many rich people were in the stock market, and if that was their major asset, they were very suddenly broke. If people had other assets--land, gold, and particularly cash. they didn't lose everything and in fact bought assets from those who had no cash (cars, land, etc.). Then after the Depression became much richer as a result.


What were the causes of the Great Depression in US?

It was greed of the rich and is now doing the same thing today


Who is not affected by inflation?

Absolutely everybody is affected by inflation. Poor and rich people are affected by inflation although in different degrees.


Was Shirley Temple rich?

She was making over 250,000 a year from films & merchandise during the great depression. So yeah, she was rich