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Question
what was one impact of the stock market crash and the depression on american society?
government redistribution of wealth
a trend toward larger families
record high rates of unemployment
a return to a more rural way of life
Brief Explanations
The stock market crash of 1929 and the subsequent Great Depression led to severe economic hardship. Many businesses failed, and as a result, a large number of people lost their jobs. Unemployment rates soared to record - high levels.
- Government redistribution of wealth was not a direct and immediate impact in the sense that it was not a widespread practice right after the crash (although some New Deal policies later had elements of wealth redistribution).
- There was no trend toward larger families during the Depression; in fact, economic hardships often led to delayed marriages and smaller family sizes as people could not afford to raise more children.
- There was no significant return to a more rural way of life as a direct impact of the stock market crash and Depression. Urban areas still had infrastructure and some economic activities (albeit reduced), and people did not generally move en - masse to rural areas for this reason.
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record high rates of unemployment