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Government - Forced to spend millions of dollars on relief programs. FDR created the New Deal.

Businesses - They didn't like the New Deal that FDR enforced.

Social Groups - Lower class were mostly farmers. Farms were ruined with the dust bowl. Upper class had good jobs, but often got laid off.

Families - Many families lost all of their savings when the banks crashed. Resulting in many being homeless.

Individuals - Many protested to cope with the horrible economy.

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https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/family-and-home-impact-great-depression

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Businesses fail and people lose their jobs.

One of the highest unemployment rates in history.

People were unable to pay for things.

Many people were forced to sell their farms because of The Dust Bowl.

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https://www.history.com/topics/great-depression

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One of the biggest causes was the
Stock Market Crash of 1929.

Many wealthy countries could recover from this, but many couldn't.

Stock holders lost more than $40 billion total after the stock market crash.

FDR implemented the New Deal which gave relief to people and the American economy

High tax charged on foreign imports.

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https://www.texasgateway.org/resource/causes-great-depression

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9,000 banks failed during the stock market crash.

Banks were uninsured, so when the banks went out of business, everyone lost their money.

Banks that did survive the stock market crash were slow to give loans however.

Value of currency declined steadily.

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http://www.cland.k12.ky.us/userfiles/13/classes/441/5causesofthegreatdepression.pdf?id=8459

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Close ties between countries spread the Depression.

The connection after World War 1 spread the Depression from the US to Europe.

The Depression hit Germany first because of all the effects from the war. It was impossible for them to grow crops with their torn up fields.