Look at the graph. A graph titled Unemployment Rate 1929 to 1933 shows years on the horizontal axis and percentage unemployed on the vertical axis. The graph shows an upward trend resulting in the following percentages by year: 3% in 1929, 10% in 1930, 15% in 1931, 24% in 1932, and 25% in 1933.

What was a consequence of the trend between 1929 and 1933, as shown on the graph?
Many businesses thrived and hired new workers.
Many people lost their income and their homes.
Many people got new jobs and bought new homes.
Many businesses moved to more prosperous areas.