Why was Great Depression important?

Answer 1

It was a real tragic time in our history. It also redefined how our government looks at large economic problems!

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Because it was a horrid time in history the Great Depression left many people with nothing to eat, and some resorted to eating garbage or ate weeds instead. As well as this event in history caused business houses to close down or not allow employment, factories shut down and banks failed, farm income fell some 50 percent, and by 1932 approximately one out of every four Americans was unemployed.

Answer 2

the great depression was important because it made the US obtain a better economic system. It also produced organizations through the work of FDR. the numerous amount of programs were known as his "alphabet soup." he knew that this time was hard on Americans and through some of his programs. He set up programs to give respectable men the ability to work for money to support their family and kept them out of trouble. it shaped the 20th century by more programs and such.

Answer 3

The Great Depression changed history because of the impact that it had on people. Many did not even have enough food to eat, people lost their life savings, business closed, services for the people were cut back or done away with. The people became disillusioned with leaders. This disillusionment led to dictators being able to work there way into power.

Answer 4

the great depression is important because it showed us the flaws in our finacial system and now we are able to fix those problems

Answer 5

Because.