The Great Depression had a devastating impact on the US economy and society in the 1930s: - Unemployment rose to over 25% of the workforce, with some cities seeing rates as high as 40%. Over 15 million Americans were unemployed. - Many banks failed between 1929-1933, with over 10,000 closing and wiping out the savings of millions. - Industrial production was cut in half, with auto production falling from 4.5 million vehicles in 1929 to 1.1 million in 1933. - Prolonged drought led to massive dust storms in the Midwest, displacing many farmers and further worsening the economic conditions.