CA Foundation Exam  >  CA Foundation Questions  >  The great depression of … caused enormous mis... Start Learning for Free
The great depression of … caused enormous misery and human suffering?
Most Upvoted Answer
The great depression of … caused enormous misery and human suffering?
The Great Depression of the 1930s was a major worldwide economic downturn that lasted for a decade. The effects of this crisis were devastating, causing widespread misery and human suffering. Here are some of the ways in which the Great Depression impacted individuals and communities:

Unemployment
• The Great Depression caused mass unemployment as businesses and factories closed down, leaving millions without work.
• Unemployment rates in some countries rose to as high as 25%, and those who did manage to find work often had to accept lower wages or longer hours.

Poverty
• With so many people out of work, poverty rates skyrocketed, making it difficult for families to afford basic necessities like food, housing, and healthcare.
• Many people were forced to rely on government assistance or charity organizations to survive.

Homelessness
• As poverty rates increased, so did homelessness. Many families were evicted from their homes or had to live in overcrowded, unsanitary conditions.
• Homeless individuals often struggled to find shelter and food, and were at risk of illness, injury, and violence.

Health
• The Great Depression had a significant impact on public health, as many people couldn't afford medical care or basic hygiene products.
• Diseases like tuberculosis and malnutrition became more common, and some people even resorted to eating spoiled or contaminated food.

Education
• The economic crisis also had an impact on education, as many families couldn't afford to send their children to school.
• Some schools closed down due to funding cuts, and teachers and students alike struggled to make ends meet.

In conclusion, the Great Depression was a period of immense hardship and suffering for people around the world. Its effects were far-reaching and long-lasting, and it serves as a stark reminder of the importance of economic stability and social safety nets.
Explore Courses for CA Foundation exam
The great depression of … caused enormous misery and human suffering?
Question Description
The great depression of … caused enormous misery and human suffering? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The great depression of … caused enormous misery and human suffering? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The great depression of … caused enormous misery and human suffering?.
Solutions for The great depression of … caused enormous misery and human suffering? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The great depression of … caused enormous misery and human suffering? defined & explained in the simplest way possible. Besides giving the explanation of The great depression of … caused enormous misery and human suffering?, a detailed solution for The great depression of … caused enormous misery and human suffering? has been provided alongside types of The great depression of … caused enormous misery and human suffering? theory, EduRev gives you an ample number of questions to practice The great depression of … caused enormous misery and human suffering? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev