How did the Great Depression affect the development of automobiles?
1 Answer
Apr 8, 2018
The Great Depression had a large impact on the automobile industry because the majority of American families were not able to afford such luxuries. Most families were barely able to afford food for themselves, let alone buy a car. This lack of interest caused a large number of employees in the industries to be fired, slowing down the rate of production and de-incentivized further research into improving the quality and efficiency of manufacturing automobiles.
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