Answer :
Answer:
The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25% and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.
Answer:
The Depression influenced governmental issues by shaking trust in liberated private enterprise. That kind of free enterprise financial aspects is the thing that President Herbert Hoover pushed, and it had fizzled. Accordingly, individuals decided in favor of Franklin Roosevelt. His Keynesian financial matters guaranteed that administration spending would end the Depression.