Question

What was the main problem during the Great Depression?

Answer 1

The Great Depression of 1929 crushed the U.S. economy. 33 percent of all banks fizzled. Unemployment rose to 25 percent and homelessness expanded. Housing costs plunged 67 percent, worldwide exchange imploded by 65 percent, and deflation took off above 10 percent.

Also read: Causes of Great Depression