Effects of the Great Depression

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  • Effects of the Great Depression
    • Unemployment - 13 million people were out of work.
    • Industrial production dropped by 45 per cent between 1929 and 1932.
    • House-building fell by 80 per cent between 1929 and 1932.
    • The entire American banking system reached the brink of collapse.
    • From 1929 to 1932, 5,000 banks went out of business.
    • Although many people went hungry, the number of recorded deaths from starvation during the Depression was 110, although many other illnesses and deaths were probably related to a lack of nutrition.

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