What is one effect of an economic cycle of depression?

Plz hoped this helps i am sorry you have to read it but it is easier to explain!

Explanation:

By contrast, US GDP declined at most 5% in the severe recession of 1973-75. In general, periods of economic depression are manifest substantially reduced GDP, as well as severely high rates of unemployment, foreclosures, business closures, as well as significantly reduced wholesale and retail sales activity.

in which two ways were the northeast woodland indians and the southeast indians similar? both collaborated to form the iroquois confederacy. both cultivated the crops of corn, beans, and squash. both lived in rich environments of swamps and rivers. both lived in tree-bark dwellings called wigwams. both expected men to hunt, while women farmed.

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.