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One social consequence of the Great Depression was that there was a notable increase in the birthrate in families of unemployed men. Contrary to popular belief, the Great Depression didn't originate in the United States. It started with the economic collapse of Great Britain, which then caused the American stock market to crash.
The Great Depression was an economic slump sparked by the collapse of the New York stock exchange in 1929. 2. It devastated the US economy, caused unemployment to soar and created significant social suffering.3.he Great Depression had profound effects on American society â but the impact on Weimar Germany was even more dire. Germans were not so much reliant on production or exports as they were on American loans, which had propped up the Weimar economy since 1924.