Describe the gap between rich and power prior to the Great Depression."

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Guzman

Social Studies

1 March, 04:50

Describe the gap between rich and power prior to the Great Depression."

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Wendy Estes · Answer 1

The grinding poverty brought by the Great Depression was so immense that it affect the rich and poor. This worldwide economic downturn began in 1929 and lasted until about 1939. Originated in the United States, the Great Depression caused drastic declines in output, severe unemployment, and acute deflation in almost every country of the world. Every sphere of life was affected, the rich, poor and the vulnerable.