Реферат: Facts Of The Great Depression Essay Research

?A second banking panic occurs in the spring.

?The GNP falls another 8.5 percent; unemployment rises to 15.9 percent.

1932

?This and the next year are the worst years of the Great Depression. For 1932, GNP falls

a record 13.4 percent; unemployment rises to 23.6 percent.

?Industrial stocks have lost 80 percent of their value since 1930.

?10,000 banks have failed since 1929, or 40 percent of the 1929 total.

?About $2 billion in deposits have been lost since 1929.

?Money supply has contracted 31 percent since 1929.

?GNP has also fallen 31 percent since 1929.

?Over