The Great Depression was a time of economic turn down, which started after the stock market crash on 29 October 1929. Thousands of investors lost large sums of money and many were wiped out, lost everything. The 'crash' led us into the Great Depression. The ensuing period ranked as the longest and worst period of high unemployment and low business activity in modern times. It began in the United States and quickly spread to Europe and every part of the world, with devastating effects in both industralized countries and those which export raw materials. International trade declined sharply, as did personal incomes, tax revenues, prices and profits.
In my opinion, I think there are both positive effects and negative consequences.
For the positive effects,
-Men assumed supervisory roles over women and received higher wages.
-Some workers opposition to proposals that a child and female labour should be abolished from certain jobs.
-Growth in material wealth.
- Railway trains and steamships were invented.
-Steam engine was discovered.
And as for the negative consequences,
-Working conditions were often unsanitary and the work is dangerous.
-Education suffered bacause of the demands of work.
-Home like suffered as women were faced with the double burden of factory work followed by domestic
chores and child care.
-Pollution of environment.
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