what were some of the effects of the great depression? select all that apply.\npeople were afraid to spend…

what were some of the effects of the great depression? select all that apply.\npeople were afraid to spend money or put it in banks.\nmany people lost their jobs.\nmany banks and businesses shut down.\nmany people lost the money they had saved.

what were some of the effects of the great depression? select all that apply.\npeople were afraid to spend money or put it in banks.\nmany people lost their jobs.\nmany banks and businesses shut down.\nmany people lost the money they had saved.

Answer

Brief Explanations:

The Great Depression led to widespread economic collapse. Banks failed (causing people to lose savings and fear banking), businesses closed (leading to job losses), and high unemployment. All options describe valid effects: fear of spending/banking, job losses, business/bank closures, and lost savings.

Answer:

A. People were afraid to spend money or put it in banks. B. Many people lost their jobs. C. Many banks and businesses shut down. D. Many people lost the money they had saved.