During the Great Depression, it is estimated that around 30,000 factories closed in the United States. The economic downturn, which began in 1929, led to massive unemployment and a significant decline in industrial production. Many businesses were unable to sustain operations due to plummeting demand and financial instability, contributing to widespread economic hardship. This period marked a significant contraction in the manufacturing sector, with lasting impacts on the economy.
It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.
what did so many banks close during the great depression
The long term effect of the Stock Market crash was followed by the Great Depression.
Why? because of the Great Depression.
factories
there are many closed down factories
In 1929 however, the world was overcome by an economic disaster called the Great Depression. In America, factories closed, people lost their jobs, and farmers lost their farms, many banks closed, and people lost their life's savings.
many schools shut down. Most of them were out in the west.Most kids were unable to afford school either
It was difficult to find a job during the Great Depression. Many businesses closed, or have to reduce operations. About 1 in 4 people had no job. Not easy at all.
There are many Americans who were alive during the depression.
there are many closed down factories. Apex
many busnissess closed in the 1930s because of the great depression
lost money when banks closed; they couldn't find jobs and many resorted to eating out of garbage cans.
factories closed to retool for peacetime daddys_gurl_1992
what did so many banks close during the great depression
The long term effect of the Stock Market crash was followed by the Great Depression.
How many people were homeless during the Great Depression? Between one and two million people.