The Depression Flashcards
1
Q
How did the Depression affect farmers?
A
They lost money because people didn’t want to spend money on luxuries.
1 in 20 farmers lost their homes because they couldn’t keep up with their mortgages.
2
Q
How did the Depression affect factory workers?
A
Many lost their jobs when their companies went bankrupt.
3
Q
How did the depression affect shareholders?
A
Many lost all their savings in the Crash.
no one got their money back.
4
Q
How did the Depression affect the very rich?
A
They were not affected as their cars and houses didn’t lose any value.
