USA HISTORY

THE GREAT DEPRESSION 1929 1940

FRANKLIN D ROOSEVELTS NEW DEAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which best describes the Great Depression?
A
Plenty of jobs, money, and happy people
B
Homeless, poor people and starving
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The poor congregated in cardboard shacks in so-called Hoovervilles on the edges of cities across the nation; hundreds of thousands of the unemployed roamed the country on foot and in boxcars in futile search of jobs. Although few starved, hunger and malnutrition affected many.

Detailed explanation-2: -The term “Great Depression” refers to the greatest and longest economic recession in modern world history. The Great Depression ran between 1929 and 1941, which was the same year that the United States entered World War II in 1941.

Detailed explanation-3: -The Great Depression was the worst economic downturn in US history. It began in 1929 and did not abate until the end of the 1930s. The stock market crash of October 1929 signaled the beginning of the Great Depression. By 1933, unemployment was at 25 percent and more than 5, 000 banks had gone out of business.

Detailed explanation-4: -The Great Depression is referred to as the greatest and also the longest economic downturn or recession in modern history. It started in the USA. After that, it had a rippling effect on the economies of the world. It is said that the Great Depression started with the USA stock market crash in October 1929.

There is 1 question to complete.