Which statements tell direct results of the Great Depression?

Choose all answers that are correct.

The correct answer is: The weak economy caused factory closures and high unemployment.

Explanation:

The Great Depression refers to a severe economic crisis that took place in 1929 in the U. S. and lasted until the late 1930s. It started after a huge fall in stock prices and resulted in the stock market crash when 16 million shares of the stock were sold by investors who had lost faith in the American economy.

The Great Depression destroyed the U. S. economy; unemployment in the U. S. rose to 25% due to the closure of many factories, personal income, tax revenue, profits, and prices dropped, and international trade was plunged by more than 50%. It's estimated that between 1929 and 1932 the GDP fell by 15%.

Textile and agricultural industries faced some serious economic problems due to overproduction, causing a price fall by about 60%. Because of that, many factories were closed which seriously affected the living standard and resulted in high unemployment and homelessness rate.