Which statement best summarizes the period known as the Great Depression?(1 point)

Question

Responses

It was a period of economic downturn that affected only those people who invested in stocks using credit. They were unable to pay their debts, which resulted in homelessness.
It was a period of economic downturn that affected only those people who invested in stocks using credit. They were unable to pay their debts, which resulted in homelessness.

It was a period of severe economic downturn that affected businesses, farms, and everyday Americans, as unemployment and homelessness increased around the country.
It was a period of severe economic downturn that affected businesses, farms, and everyday Americans, as unemployment and homelessness increased around the country.

It was a period of slight economic downturn that affected only the very poor, as they faced high numbers of unemployment and lack of housing.
It was a period of slight economic downturn that affected only the very poor, as they faced high numbers of unemployment and lack of housing.

It was a period of severe economic downturn that affected farmers the worst, as people stopped buying farm products and farms were destroyed by dust storms in the Great Plains.
It was a period of severe economic downturn that affected farmers the worst, as people stopped buying farm products and farms were destroyed by dust storms in the Great Plains.

Answer 1

It was a period of severe economic downturn that affected businesses, farms, and everyday Americans, as unemployment and homelessness increased around the country.