Effects of the Great Depression on the USA

Hi everyone,

here are the findings based on my preliminary research online. And here are some effects of the GE.

With the onset of the Great Depression, investors and companies experienced a negative profit margin on their stocks, investments, and other businesses. As such, they were unable to pay back their loans from the banks. This situation led to the fall collapse of a fifth of the banks in America. This also meant that people were unable to withdraw their money from their bank accounts.

Another problem that surfaced was unemployment. Nearly one in four Americans were out of their jobs by 1933. Thirteen million people lost their jobs.

Certain industries were severely affected. Mining, logging and agriculture took the biggest hit.

The people were affected as well. Children were malnourished and diseases such as tuberculosis were rampant. It was a period of hardship.

Thats all for now guys!

My sources are from:

http://en.wikipedia.org/wiki/The_great_depression

http://www.associatedcontent.com/article/660629/causes_and_effects_of_the_great_depression_pg3.html?cat=3