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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.
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Was working at the great depression easy to earn money?
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 day did the banks close during the Great Depression?
what did so many banks close during the great depression
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
How many banks went bankrupt and closed their doors between 1930 and 1933?
Why? because of the Great Depression.
During the Industrial Revolution many young women went to work in?
factories
Why was the name rust belt appropriate for the northeast and Midwest?
there are many closed down factories
What happened in 1929 and what was it's affect?
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.
How many schools were closed during the great depression?
many schools shut down. Most of them were out in the west.Most kids were unable to afford school either
Was working at the great depression easy to earn money?
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.
Is there anyone their who lived during the great depression?
There are many Americans who were alive during the depression.
Why are part of the northeastern US known as the rust belt?
there are many closed down factories. Apex
Why did many businesses close in the 1930?
many busnissess closed in the 1930s because of the great depression
How did people change everyday life during the great depression?
lost money when banks closed; they couldn't find jobs and many resorted to eating out of garbage cans.
Unemployment increased after the end of ww1 because?
factories closed to retool for peacetime daddys_gurl_1992
What day did the banks close during the Great Depression?
what did so many banks close during the great depression
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
How many people where Homless people during the Great Depression?
How many people were homeless during the Great Depression? Between one and two million people.
