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The Great Depression Essay

423 Words2 Pages

The Great Depression was one of the most significant economic crises in U.S. history. It began in 1929 and lasted until the late 1930s, affecting the lives of American citizens and the economy. The Great Depression had a profound impact on people’s lives, mainly in the United States. The crisis caused widespread poverty, unemployment, and social upheaval. This essay will describe how the Great Depression affected people in America. One of the most significant impacts of the Great Depression was unemployment.
Millions of people lost their jobs, as businesses shut down or reduced their workforce. The unemployment rate in the United States reached a peak of 25 percent in 1933, and it remained above 14 percent until the late 1930s. The number

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