Losing their investments and crops influenced greatly the way they related with each other and had an impact on their contribution to the economy of the land. Franklin D. It caused a sharp decline in production, materials consuming and distribution volumes brought economic growth to a stop, raised the unemployment rate, etc.
Before the Great Depression has started, people refused to go on government welfare. Louis - The s plagued St.
Changes in the money supply can affect the overall price level.
Some citizens were lucky enough to find themselves working in Depression proof jobs such as the cigarette and shoe manufacturing industries Kennedy, p The Great Depression was a time of economic turmoil, tough political decisions, scarce job opportunities, and as a result many lives changed dramatically.