A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts and obligations. The limited liability company (LLC) is a hybrid legal entity that has both the characteristics of a corporation and of a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for tax purposes.
In the US, tens of thousands were dying during the years of the Depression from pellegra, which was cured in 1938 through niacin supplementation. This is known because there were Pellegra hospitals and it was believed to be an infectious disease so there are good records.
By 1933, the GDP fell 33%. During the Great Depression, there were 2 million homeless people in the United States. The stock market hit a low in 1932 closing at 41.22, down 89.2% from its all-time high. It is interesting to note that one industry actually did very well during this period of time.he government failed to act to stabilize or increase the money supply during The Great Depression. In fact, the supply of money fell by 30% between 1929 and 1933. Prices for goods were allowed to drop and banks were permitted to fail. This led to deflation.