Unemployed
People world wide lost there jobs. This caused a decline in living conditions. Many people became unimployed and lost there houses due to failure to pay loans back. This is the main reason Hitler came to power in germany, because there were lots of people in need of a new leader. People that were unimployed had a great amount of mental stress. 127 for every 10,000 businesses failed annually in the years 1930 until 1933. It caused a near halt in production and consumption. Some people were so poor they searched garbage cans for food. Aprox 13 million americans had no jobs.
http://www.buzzle.com/articles/unemployment-causes-and-consequences.html
http://ingrimayne.com/econ/EconomicCatastrophe/GreatDepression.html
Comments
This is quite brief with no personal thoughts.