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The Great Depression of 1929 devastated the U.S. economy. A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%.

In the culture of depression, new forms of communication arose.

Because many jobless employees turned to petty stealing to keep food on the table during the Great Depression, crime rates skyrocketed.

death rates and reported cases of malnutrition both increased.

The Great Depression of 1929 wreaked havoc on the American economy. A third of all banks went bankrupt.

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