The President of the United States, Franklin D, Roosevelt responded by creating new goverment programs to help Americans, known as the New Deal. The Great Depression of the 1930s, in the United States, was one of these events, lasting for nearly ten years. The Great Depression closed thousands of banks, put millions of people out of work, and seared itself into the memory of those who lived through it. The Great Depression had a Postive affect on the people who lived through it. People spent less money to help with the debt. The Great Depression had a negative affect on the peoplle who lived through it. After the mine closed, jobs were hard to come by. When they didn’t have food they were hungry and penniless. When so many borrowers defaulted,