History The Great Depression Questions
The Great Depression had a significant impact on the manufacturing sector. The demand for goods and services drastically declined, leading to a decrease in production and a rise in unemployment rates within the manufacturing industry. Many factories and businesses were forced to close down or reduce their operations, resulting in widespread job losses and financial hardships for workers. The manufacturing sector experienced a sharp decline in output and profits, as consumers had limited purchasing power. This economic downturn in manufacturing further exacerbated the overall economic crisis during the Great Depression.